Tag Archives: financial literacy
Financial Literacy: The Foundation for Building Wealth
I ran across an article last week (Young Adults Need To Seek Wealth Literacy, Not Financial Literacy) which suggested that there is a problem with current financial literacy programs and that we ought to be teaching young people about building wealth instead. The author argues, “there is a loss of translation in somewhere between the [...]
Would you trust financial advice from your credit card company?
Visa recently launched a financial literacy website called Practical Money Skills for Life that purports to “help students of all ages learn the essentials of personal finance.” There are articles, calculators and other tools that you can use to help with budgeting, saving and controlling your debt. Some folks think it is about time Visa [...]
Financial Education: The New Curriculum
Create a budget and stick to it. Shop around for the best price. Pay off credit-card balances each month. Roy Kobert set aside his work as a bankruptcy attorney one Friday morning to teach these and other personal-finance lessons at Boone High School. Read the full article at CSMonitor.com
Financial Literacy New Subject in High Schools
Passing algebra, geometry and calculus is one thing. Mastering the skills needed to pay bills, balance a checkbook, make car and mortgage payments is quite another. Chicago’s 113,166 public high school students may soon get a steady diet of both. Read the full article at Chicago Sun Times’ Web site.
Women Behind Men in Financial Knowledge, Research Shows
Women have some catching up to do when it comes to financial literacy. In a recent study, we found that the gender gap was larger than expected. See the full report here.