Not surprisingly, financial literacy roughly matches the amount of education that a person has. And the less financial savvy you have, the harder it hits you in the pocketbook.
Guide to Financial Literacy at Important Life Stages
Financial literacy isn’t something you ever truly achieve. That is because there is something new to be learned at each different stage of your life. The key is making sure that you’re literate in the things that you need to be literate in by the time that you reach each stage. This is your guide …
Why Financial Literacy is so Important to Me
Financial literacy is essential to making wise decisions with your money. Read why it's so important to me and how we can benefit future generations.
Financial literacy is important, we should encourage it in our schools
“What is the airspeed velocity of an unladen swallow?” In order to solve this question, we first have to ask ourselves is this a Monty Python reference or a question on a high school physics exam And then we have to ask ourselves, who cares? How is this going to help make a monthly budget for 2019? How is this going to help pay student loans, car loans, rent, mortgage and for groceries this paycheck? How is knowing the airspeed velocity of anything…
Three Facts That Show Why Financial Literacy Is Especially Important For Women
Although not typically the "financial planner" of the family, women face unique challenges that makes it imperative they play a more active role in areas such as retirement, insurance and money management.
LIMRA Unplugged Episode 13: Why is Financial Literacy so Important?
Today’s consumers have to manage increasingly complex financial issues. From student loans, credit card and other debt, and managing increased health care co...
Financial literacy vital for future generations (op-ed)
Today, more than 44 million Americans carry student loans with cumulative debt, totaling $1.56 trillion. According to a 2018 study from the Rockefeller Institute of Government this number has increased 144 percent in the last 10 years That is an average of $35,454 for each of those individuals - in many cases enough for a down payment on a house or new car. This is a reminder that it is more important than ever that young people become better attuned as to how…
Financial Literacy Month: Games to Teach Kids How to Count Money
Financial literacy awareness is so important. Like most things, I believe the earlier you start, the better your chances of success are, especially in terms of education. My daughter may only be four but we’ve already been active in trying to educate her on financial matters. To make it fun though, there are things, like …
Why It Pays To Get Schooled In Money Management
Financial Literacy 101- Why it pays to get schooled in money management In honor of “Financial Wellness Month” the First County Advisors team, the Wealth Management Division of First County Bank, will be sharing some of their favorite financial fitness tips to put you on the right track in 2016 It may sound cliché, but that old saying; “knowledge is power” really is true. At least when it comes to something as important as managing your money. The more educated you are about…
Financial Literacy Month Is Here: Why Understanding Credit Is Crucial
April is Financial Literacy Month and knowledge is the key to unlocking financial success. Learn why credit and financial education is important.
6 Tips for Parents Looking To Improve Financial Literacy in Kids
KAITLYN KIERNAN Some students heading back to school this fall will see at least a bit of their classroom time devoted to personal finance, but that doesn’t mean the lessons should stop there The good news is that more and more states are beginning to require that personal finance be taught in the classroom, but that may not be enough. Some experts say financial literacy is something that should be taught early and often. A parent’s goal should be to help children learn…
Millennials share their financial literacy lessons
Their insights may give us all some useful guidance for helping future generations to learn.
Millennials on a mission to learn about financial literacy
CO-OP’s millennial campaign continues to attract new audiences to the credit union message Millennials have been the most attractive generation for all financial services for a while. And in the…
How To Teach Your Kids Financial Literacy
As many investors learn too late, far too many young people don’t understand money.
Financial Literacy Month: Can You Answer These Questions?
April is Financial Literacy Month. One component of personal finance is credit. How would you rate yourself on credit knowledge?
America's financial literacy crisis
Far too many Americans are in the dark when it comes to how best to manage their finances.
Why Americans Are So Terrible at Financial Literacy
American students spend about 1,000 hours in school each year, and yet very few, if any, of those hours are dedicated to learning about personal finance.
FTC’s top tips for Financial Literacy Month
April is Financial Literacy Month, and a great time to get your personal finances on track.
Financial Literacy for Teens: How Early is Too Early?
This post was written by Caroline Wright for bill and account management service Manilla.com. Tell a teenager that money doesn't grow on tree...
Why JA? Financial Literacy & Capability
See how JA's volunteer role models and proven programs give young people the tools necessary to be financially capable adults.