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Achieving financial literacy

A lack of financial literacy cost Americans a total of $295 billion last year.

GOLDEN VALLEY, Minn. — April has been dubbed Financial Literacy Month. The reason: Not all of us understand how to manage our finances. 

The result is that many Americans are in debt and struggling to save. But it doesn’t have to be this way.

Great Waters Financial professional Justin Halverson has a few tips to help you become more financially literate. 

Here are the three areas he tackled with us on KARE 11 News at 4:

  • Financial planning
  • Compounding interest
  • Managing debt

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