financial literacy

What are the 5 categories of the hierarchy of financial needs (IICSI)

income, insurance, credit, savings, investing

what does the pyramid represent

it explains what people need to meet their economic potential

what are the financial behaviors and factors that affect financial well being

active savings, avoid debt, monitoring finances

what are examples of credit instruments available at banks

credit cards, line of credit, personal loans, auto loans, educational loans

what pressures can credit cause

financial stress, reduced financial flexibility, impact on credit score

how to overcome financial pressures

create a budget, pay more than the minimum, seek professional advice

what is gambling

risking money on events with an uncertain outcome

what are examples of gambling

casino games, sports betting, raffles

what can gambling do to harm a person

money and financial problems, social life, mental health

how can we treat gambling problems

public health approach, support systems