# Assets & Liabilities - Link: https://schulungen.org/courses/professional-financial-literacy-training/lesson/assets-liabilities/ - Published: 2022-11-20T01:40:07+01:00 - Author: Daniel Financial literacy is an important competence that every individual must learn. In short, it can be defined as the ability to use money wisely, to finance one’s income correctly, and to understand the economic variables taking place in the world.