Financial illiteracy costs the average American $1,015 a year. This isn’t just some abstract statistic — it’s real money lost to bad budgeting, high-interest debt, and missed chances to grow wealth.
Students benefit from practical guidance on budgeting, saving, responsible debt use, and digital finance.
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 ...
It’s hard to find time in the school year for everything a student should learn before graduating from high school. Practical education courses we remember from high school, like home economics and ...
More than half of the U.S. population is not financially literate. Misunderstandings about money and mistrust in financial institutions is costly to consumers. Money skills are often not taught at ...
Alimursal Ibrahimov recognized this problem not as an abstract statistic, but as a barrier preventing real people from ...
A new report from BrightPlan, a financial wellness company, shows that financial literacy has declined, even as opportunities to learn about money abound. Yet, even after some financial ...
Too many’ Americans struggle to understand basic tax concepts. Here’s why it’s a problem - A recent survey revealed that most Americans lack ‘basic tax literacy’ ...
Financial literacy helps investors recognize when to seek advice—and plan sponsors are well-positioned to provide support in the process. Financial literacy is beneficial for achieving financial ...