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Financial Education

A Collective Effort to Improve Financial Literacy

Hersh Shefrin | Posted 04.22.2013 | Business
Hersh Shefrin

We need a collective effort to improve financial literacy. The private sector and the public sector, members of the media, educators, and consumers can all play a role in bettering financial practices.

How Financially Literate Are You?

Jason Alderman | Posted 04.10.2013 | Business
Jason Alderman

I'm not sure whether it was intentional or merely a coincidence that several years ago Congress proclaimed April to be Financial Literacy Month. Don't let another April pass without taking steps to improve your financial literacy.

Digging Deeper Into Student Loan Debt

Mike English | Posted 04.09.2013 | College
Mike English

Student loan debt is used to make an investment in human capital. Since this investment may seem intangible to young people, they may start to wonder: is college worth it?

Driver's Ed: How the DMV Could Make Teens Learn About Money

Adam Levin | Posted 05.07.2013 | Business
Adam Levin

Before teenagers get their driver's licenses, every DMV in the country should include questions about basic financial literacy on their driver's test.

Dear Mr. President

Cara Woodson Welch | Posted 01.25.2013 | Politics
Cara Woodson Welch

As you well know, your first priority needs to be growing our economy and finding innovative ways to solve our current economic crisis. Here's hoping for bipartisan proposals that succeed and a resolution to the looming sequestration threat.

Forget Your Money Resolutions! You Need a Plan in 2013

Adam Levin | Posted 03.18.2013 | Business
Adam Levin

A credit portfolio building plan should consist of several components, all interconnected and each a platform for recovery and financial evolution. Viewing credit as portfolio can help convert the traditional holiday churn-and-burn process from an annual ritual of excess and recovery into a new way of life.

New York Students Learn Money Management With Debit Cards

Watertown Daily Times, N.Y. | Reena Singh | Posted 01.02.2013 | Home

Watertown High School students are learning how to be more financially savvy. High school business teacher Robin M. Boomhower is teaching her student...

What I Learned From Losing Everything

Ariel Sobel | Posted 12.26.2012 | Teen
Ariel Sobel

When I was a child, my house burnt down to the ground. In the most literal sense, everything went up in flames. I lost all my material possessions.

The Importance of Financial Education

Javier Storch | Posted 12.15.2012 | Teen
Javier Storch

A few years later, my father's friend declared bankruptcy. After years of lavish spending, he and his family were forced to compromise their hopes and dreams in order to keep what little they had left. They sold their cars to pay for their groceries.

Teaching Kids to Save When the Culture Says Spend

Pamela Yellen | Posted 11.05.2012 | Home
Pamela Yellen

As parents, one of the most important lessons for us to teach our children is how to spend and save wisely. By sharing financial lessons with our kids starting at an early age, we can help them understand the importance of being financially responsible and self-sufficient for life.

Money Management: What's a Bank Account For?

Elisabeth Rhyne | Posted 08.13.2012 | Home
Elisabeth Rhyne

The bank account as the central money management tool is simply not relevant for many low income people. If we want to assist people in their efforts to be competent money managers, what is the best mix of services?

The Financial Aftermath of Military Loss: Helping Families Build a 'New Normal'

Bonnie Carroll | Posted 08.08.2012 | Impact
Bonnie Carroll

Many families of our fallen service members face financial decisions and challenges following the deaths of their loved ones. Military pay is cut off following a death. The bank account the family had in place for paying its bills and day-to-day expenses quickly runs dry.

Policymakers Can Help Low-Income Families and Score Political Points

Andrea Levere | Posted 07.30.2012 | Business
Andrea Levere

Imagine a scenario where members of Congress could improve government programs that grow our economy and support struggling families without adding to the federal deficit or jeopardizing their political standing. Wouldn't they all be lining up to cast their "yea" votes?

Financially Educated Citizenry Protects Democracy

Noel A. Poyo | Posted 07.23.2012 | Latino Voices
Noel A. Poyo

While financial education is the subject of plenty of discussion and the topic of numerous commissions and panels, budgets tell the real story. There is no significant federal investment in financial education. We must make financial education a higher priority for our nation by investing in this work.

Moving From Wellness to Well-Being

Rose Stanley | Posted 07.02.2012 | Business
Rose Stanley

The state of many employees' emotional health is sub-optimal, but organizations are giving them the tools they need to make behavioral changes that ultimately drive health care costs down, creating more productive and engaged employees.

6 Steps to Rethinking Your Budget

Women & Co | Posted 06.25.2012 | Women
Women & Co

Rather than thinking of a budget as an impediment, start thinking of it as an instrument that is enabling you to stay on course to reach some goal.

Teaching My Daughter the Value of Money

Women & Co | Posted 06.24.2012 | Parents
Women & Co

How are you teaching your children the value of money?

Make Every Month Financial Literacy Month

Theodore R. Daniels | Posted 06.23.2012 | Home
Theodore R. Daniels

The recent economic downturn caused many individuals to realize the need to increase their level of financial literacy so that they can make sound financial decisions in the future. Financial literacy can be achieved if you take the initiative to learn and plan wisely.

Using Comic Books to Teach Financial Literacy

Jason Alderman | Posted 06.18.2012 | Impact
Jason Alderman

Although often considered pure escapism, comic books also can serve an educational role -- whether it's teaching the principles of science, demonstrating right vs. wrong or even helping kids learn how to read.

States Miss Opportunity On Teaching Financial Literacy

Loren Berlin | Posted 03.28.2012 | Home

While The Great Recession has left millions of Americans unemployed and wiped out countless retirement accounts, it hasn't inspired educators to get s...

Occupy Wall Street Needs a Wall Street Education

Carol Roth | Posted 03.04.2012 | Business
Carol Roth

Occupy sympathizers believe that Wall Street is made up of individuals born with a silver spoon in their mouth. Well, my experience is a bit different. In fact, I occupied Wall Street more than 16 years ago -- by joining it.

Municipal Financial Empowerment: A Supervitamin for Public Programs

Jonathan B. Mintz | Posted 02.06.2012 | New York
Jonathan B. Mintz

Tough economic times create a frustrating perfect storm: increasing need for social services, dwindling government resources, and public pressure for ...

Most Super-Rich Parents Don't Tell Their Kids Just How Rich They Are

The Huffington Post | Jillian Berman | Posted 01.23.2012 | Business

The majority of super-rich kids don't find out just how wealthy they are until after they can have a legal drink. Only a third of parents worth mo...

Americans Grossly Underestimate Their Own Credit Card Debt

The Huffington Post | Alexander Eichler | Posted 12.21.2011 | Business

Americans grew wary of credit-card debt during the recession, a time when no one was eager to try to live beyond their means. But in the past two year...

WATCH: Jay-Z And Warren Buffett School Kids On Financial Literacy

Posted 12.19.2011 | Business

Jay-Z's latest video appearance likely won't make it to MTV or VH1. The rapper, entrepreneur and husband of Beyonce is teaming up with Warren Buff...