Being financially illiterate can lead to financial disaster, as it increases the likelihood of accumulating unsustainable debt burdens due to poor spending decisions or a lack of long-term planning.
In an increasingly complex financial world of buy-now-pay-later schemes, scams, and social media marketing, there are renewed ...
Bridging the financial literacy gap in our country is largely a matter of education. When people understand money matters, they are equipped to make better decisions and put themselves on a more solid ...
Understanding core personal finance concepts like cash management, bank accounts, credit, taxes and investing is important. With that knowledge, people can make decisions that benefit their current ...
Did you know that only 24% of Millennials demonstrate basic financial literacy? Understanding how to manage money is more critical than ever, especially for young investors starting their financial ...
Student loans. Credit cards. Buy now, pay later. Traditional IRAs, Roth IRAs, and 401(k)s. Fixed-and adjustable-rate mortgages. This list scratches the surface of complex financial decisions and ...
Basic financial literacy is as important a component of a student’s education as the traditional “Three Rs,” and needs to be made a requirement for all graduating seniors in our state. Here’s why: if ...
WASHINGTON (AP) — Inside a high school classroom, Bryan Martinez jots down several purchases that would require a short-term savings plan: shoes, phone, headphones, clothes, and food. His medium-term ...
A financial safety net can help people navigate the ups and downs of life. Developing that safety net requires a measure of financial literacy that anyone can nurture. To view our latest e-Edition ...
A recent report highlighted the poor levels of financial literacy among American teens, but are states doing enough to ensure that the next generation have the money skills they are going to need? Not ...
The ripple effects of the COVID-19 pandemic showed how fragile economies can be and gave millions of people the impression that their financial well-being may not be as controllable as they imagined ...