Being financially illiterate can lead to financial disaster, as it increases the likelihood of accumulating unsustainable ...
Did you know that only 24% of Millennials demonstrate basic financial literacy? Understanding how to manage money is more critical than ever, especially for young investors starting their financial ...
Financial literacy is defined as “the ability to understand and effectively use various financial skills, including personal financial management, budgeting and investing.” In recent years, personal ...
But one of the most forward-looking elements in the strategy is financial education. If financial services are part of the infrastructure of everyday life, education is how we ensure people can use it ...
In an increasingly complex financial world of buy-now-pay-later schemes, scams, and social media marketing, there are renewed ...
Maintaining an economic life is not an option; it becomes a part and parcel of adulthood. While parents and schools often focus on helping children understand consequences in social, emotional, or ...
Forbes contributors publish independent expert analyses and insights. Melissa Houston covers financial issues that affect women in business. In today’s economy, the best leaders aren’t just visionary; ...
April is Financial Literacy Month, a time when the spotlight is on enhancing the financial-literacy skills of American consumers. Several surveys have highlighted Americans’ low level of financial ...
This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Money – acquiring it and managing it safely and effectively - ...
Recent studies have highlighted a concerning trend regarding financial literacy among young adults aged 18-27. Notably, a collaborative study by the TIAA Institute and the Global Financial Literacy ...
Financial literacy is no longer just a skill but a necessity in the ever-changing economy. Today, the financial sector is very advanced and it has many complex financial instruments, options for ...
Sadly, money management and financial literacy are not subjects that they spend much time on in school. That means the average person becomes an adult without even the most basic knowledge to become ...