7 Ways To Improve Your Financial Literacy With Stock Options, RSUs, And ESPPs

April is National Financial Literacy Month. For most employees, few financial endeavors are more complex than understanding stock options, restricted stock, restricted stock units (RSUs), employee stock purchase plans (ESPPs), and other forms of stock compensation.

As tax season is over, now is a good time to direct your attention to improving your financial fluency and money-management habits for equity awards and ESPP participation. These valuable yet tricky forms of compensation can make a big difference in achieving both short-term and long-term life goals, such as boosting cash flow, funding college, buying a house, or saving for retirement.