Financial literacy is based upon providing individuals with sound financial knowledge and life skills to make informed financial decisions and make effective actions regarding their personal money management. However, the underlying message is aimed to adjust people's core atitudes and beliefs so that a change in financial behavior can help them reach a future of financial freedom and security. Financial literacy is backed up with actions that lead to behavior changes. In other words, even if you get all of the financial education available in the world, financial literacy is not entirely achieved unless you make the commitment to develop and follow a budget, set and achieve goals, and turn your investments into assets. When such knowledge leads to action and changes behavior, we can say that financial education turns into financial literacy.