The financial educators council says that on average, americans lost an average of $1,500 last year due to financial illiteracy. That could be because of credit card interest and fees, overspending, ...
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 ...
Financial literacy refers to the understanding and capability to make informed and efficient decisions about personal financial resources. It encompasses the knowledge of how money works in the world: ...
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 ...
An inaugural study by the SPARK Institute is an early step in engaging the retirement plan community to teach basic finance. America’s high school and college students are lagging in terms of basic ...
Recent studies have highlighted a concerning trend regarding financial literacy among young adults aged 18-27. Notably, a collaborative study by the TIAA Institute and the Global Financial Literacy ...
Implementing a data-driven approach that utilizes metrics to determine inclusivity has the potential to reshape financial literacy for Black communities and provide leaders with new insights to tackle ...
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 ...
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 ...
Balancing a checkbook. The basics of taking out a business loan. The impact of a home mortgage. For the average high school student, these don’t sound like exciting concepts. And in adulthood, they ...