How far the accusation of lewdness brought against them is just is hard to say, but they seem to have been a really serious peril to the nation.
The possession of knowledge and understanding of financial matters. Financial literacy is mainly used in connection with personal finance matters. Financial literacy often entails the knowledge of properly making decisions pertaining to certain personal finance areas like real estate, insurance, investing, saving (especially for college), tax planning and retirement.
Education needs to happen before loans are taken out so that students know how to responsibly settle loans. To spark financial literacy education, the U.S. Department of Education ran its first National Financial Literacy Challenge to get more schools across America participating in financial literacy education.