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National Financial Awareness Day is the perfect time to take stock of your finances. Do you keep a monthly budget? Only 32% of American families do and half of American households live paycheck to paycheck.

Managing finances is one of the most important—and least understood—skills. It may seem daunting, but just like any other skill, it can be learned if you put in the work. Financial literacy is more than just knowing how to save money—it's also knowing what to do with it. 

This year, celebrate National Financial Awareness Day by taking the first steps toward financial literacy.

1. Make a Budget

Take the time to assess where your money goes. You might be surprised how your small expenses can add up. If you have extra money at the end of the month, you can invest it, add it to a high-yield savings account, or send it to your 401(k) tax-free. Use an online budget calculator to get started.

2. Educate Yourself

There are plenty of online resources for learning how to manage your finances. Are you saving up to buy a house, trying to pay down credit card debt, or planning for retirement? Do your research to find ways to make your money work for you.

3. Talk to a Financial Advisor

Once you learn the basics, it's time to talk to an expert. NAIFA's one-of-a-kind Find an Advisor tool makes it easy to find a professional who can help you reach your financial goals. A financial advisor can help you make a plan that focuses on what's most important to you.

With these three steps, you can get started on your path to financial security today!