A first paycheck is a teachable moment, which is why Congress included a financial education requirement when it last re-authorized summer youth employment programs around the …
As individuals age, their financial literacy declines but their confidence in financial decision-making holds firm, a recent report shows. That is a worrisome combination. Half …
As the Millennial generation takes wing—the oldest will turn 36 next year—it is becoming clearer that its lack of financial literacy poses great risks, according …
Perhaps the battle for global financial literacy should begin, not in classrooms and places of work, but inside the walls of our largest financial institutions. …
How Education, Region and Sex Weigh on Financial Education
October 30, 2016
Academics and policymakers have been talking about the National Financial Capability Study since its summer release showed positive trends in how Americans experience their financial lives. …
How Smartphones May Complicate, not Simplify, Your Financial Life
October 26, 2016
Smartphones have become a pipeline to our financial information, from daily transactions and account balances to 401(k) contributions and stock trades. the Federal Reserve reports …
Financial Access Without Financial Know-How Won’t Get You Very Far
October 25, 2016
A big assumption that banks and financial literacy experts make is that under-served populations will be better off if brought into the mainstream of financial …
Education generally correlates with financial know-how. The higher your degree, the greater your ability to sort out personal financial issues. That is true whether a …