What is a financial literacy program designed to achieve?

A financial literacy program primarily aims to guide individuals in managing their finances effectively. This encompasses a broad spectrum of knowledge and skills, including budgeting, saving, understanding credit, and making informed financial decisions. The ultimate goal is to empower individuals to take control of their financial health, make wise choices about spending and saving, and plan for future financial needs.

While teaching investment strategies, obtaining credit knowledge, and assisting with tax preparation are all valuable components of financial education, they are more specialized areas. The essence of a financial literacy program is to provide comprehensive guidance on overall financial management, which is foundational for individuals to build their financial literacy. Thus, option B embodies the program’s main objective, which is crucial for enabling individuals to navigate their financial worlds confidently.