Many U.S. citizens are financially ‘illiterate’ with respect to knowing how to manage and invest money. Two thirds of U.S. adults don’t use a budget for personal expenses and one third don’t save their money. Only 17 of the 50 U.S. States require schools to teach personal finance in grades K-12 (1, 2).
online resources for youth
links to resources for parents and educators
1. Kurt Ludlow, “Americans financially illiterate, poll finds”. The Columbus Dispatch, pages D1,D6, 4/13/2014.
2. 2014 Financial Literacy Survey. reported in March, 2014, by the Harris Poll on behalf of the National Foundation for Credit Counseling.