Financial literacy

April 15, 2014

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

MyMoney.gov

links to resources for parents and educators

Council for Economic Education

Jump$tart Coalition for Personal Financial Literacy 

Federal Deposit Insurance Corp.

 

References

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.


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