Financial literacy enables you to understand retirement options, such as 401(k) plans and IRAs, make informed investment choices, and create a retirement savings strategy to secure your financial ...

Currently, 35 states require high school students to take a course in personal finance to graduate. Although this represents progress, financial literacy needs to be a requirement in all 50 states.

"When we fail to hold financial education to high standards, it's our kids who suffer," comments Vince Shorb, the NFEC's CEO. "State financial literacy mandates don't require financial literacy ...

Robert Kiyosaki, the founder of the "Rich Dad, Poor Dad" empire, says that there are six basic words that are key to financial literacy and education: income, expense, asset, liability and cash ...

The low proficiency in financial literacy among Gen Z, as evidenced by only 24% of respondents being able to answer basic financial questions correctly in the FINRA survey, points to an urgent ...

Decreased Inequality Gaps. Financial literacy can also help decrease inequality gaps among company employees. In my experience, it’s not uncommon to have two employees with the same income but ...

When they have low financial literacy levels, though, people tend to overpay and undersave. ... On average, U.S. adults correctly answered just 48% of the index’s basic money questions.

America’s high school and college students are lagging in terms of basic financial literacy, according to a new study from the SPARK Institute and Corporate Insight Inc.. The research, released Friday ...

Many American consumers fail to grasp the basic math of inflation, according to a large-scale study of financial literacy. The FINRA Investor Education Foundation, a financial education nonprofit ...

Pennsylvania becomes the 25th state to guarantee access to basic financial education literacy, according to nonprofit Next Gen Personal Finance. State Sen. Chris Gebhard, R-Lebanon County ...

Financial literacy is both low and unevenly distributed, with young people, racial minorities, and those without college degrees among the least financially literate.