Financial Literacy

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The benefits of being financially literate

Short-term lender Wonga recently asked over 1 000 of its customers about their attitudes towards money. It found that, despite 88 percent believing that financial health was “extremely important”, most [...]

By | 2019-10-10T12:38:12-05:00 October 14th, 2019|Categories: Financial Literacy|Tags: , , , |Comments Off on The benefits of being financially literate

Nation’s Report Card Reveals Striking Financial Literacy Gaps Across States

Financial illiteracy is an American epidemic and the crisis is growing. The analysis found that more than two-thirds of states (34 states, or 68 percent) earned grades of "C" or [...]

By | 2019-10-07T05:57:16-05:00 October 7th, 2019|Categories: Financial Literacy|Tags: , , |Comments Off on Nation’s Report Card Reveals Striking Financial Literacy Gaps Across States

The Societal Benefits of Financial Literacy

While it’s good for people themselves to be financially literate—to know how to earn and manage money—society itself needs widespread financial literacy among the people in it. Even though hundreds, [...]

By | 2019-10-07T05:48:46-05:00 October 5th, 2019|Categories: Financial Literacy|Tags: , , , |Comments Off on The Societal Benefits of Financial Literacy

Should the UK be investing more in its financial literacy problem?

New research reveals that one in three of us can’t figure out the correct change from a typical ‘big shop’. This poses the question as to whether the UK should [...]

By | 2019-09-23T04:47:35-05:00 September 23rd, 2019|Categories: Financial Literacy|Tags: , , , |Comments Off on Should the UK be investing more in its financial literacy problem?

How a crowdsourcing app can stop people from overspending

A rational economic actor would not spend more than she takes in. Yet, other factors—from limited income, to financial illiteracy, to the urge to keep up with friends or peers—all [...]

By | 2019-08-26T06:00:46-05:00 September 2nd, 2019|Categories: Financial Literacy|Tags: , , , |Comments Off on How a crowdsourcing app can stop people from overspending

Why companies need to stop ignoring those without a digital presence

BY FRANK BRITT - 4 MINUTE READ This summer, Amazon launched a new credit card designed specifically for consumers with bad credit. It’s got the same perks as a typical Amazon Store card—like [...]

By | 2019-08-26T05:01:17-05:00 August 28th, 2019|Categories: Financial Literacy|Tags: , , |Comments Off on Why companies need to stop ignoring those without a digital presence

Financial Wellness Differs from Financial Literacy

Financial Wellness Differs from Financial Literacy Financial wellness differs from financial literacy.  Clearly, Financial Wellness and financial literacy are not the same things. Surprised? This author was, too. But it [...]

By | 2019-08-22T13:00:30-05:00 August 23rd, 2019|Categories: Financial Literacy|Tags: , , |Comments Off on Financial Wellness Differs from Financial Literacy

Financial literacy: a crucial life skill

Throughout school, students learn advanced mathematical and chemical equations, American history, art, music and English. But most Americans never learn how to properly manage money. Debt is an accepted part [...]

By | 2019-07-17T12:00:06-05:00 July 24th, 2019|Categories: Financial Literacy|Tags: , , |Comments Off on Financial literacy: a crucial life skill

33% of Americans Are Making a Major Money Mistake

Retirement is a period of life that's apt to cost money. It may not cost quite as much money as your working years, but seniors still have bills to pay. [...]

By | 2019-07-19T09:19:09-05:00 July 19th, 2019|Categories: Financial Literacy|Tags: , , , |Comments Off on 33% of Americans Are Making a Major Money Mistake

84% of millennials and Gen Z failed this retirement quiz

The vast majority of workers under the age of 34 lack basic knowledge about their 401(k) retirement plans, according to the new Financial Wellness in the Workplace Study from Fisher Investments 401(k) [...]

By | 2019-07-08T02:36:09-05:00 July 8th, 2019|Categories: Financial Literacy|Tags: , , , |Comments Off on 84% of millennials and Gen Z failed this retirement quiz
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