Colleges should devote more time to teaching economics and elementary finance to their students. Armed with some basics, these well-meaning students would be able to make a much bigger impact on our world.
Many people are led to believe that investing is too complicated to handle on one's own. We believe this is not true. Investing can get complicated but it can also stay simple.
In the 50 years since the civil rights movement and Dr. King's dream, one problem (racism) has been replaced or at least matched by another -- poverty. Urban poverty, rural poverty, and poverty that hits blacks, whites, browns and others alike.
Are the 70 percent of the developing world's adult population who have no formal bank account doomed to a life of economic uncertainty and financial i...
For years there has been also sorts of chit-chat and discussion about how financial literacy will magical cure the woes and troubles of consumers and ...
Like many generations of immigrants before them, Latinos are making their mark on our social and economic landscape. The recent presidential election is a clear case in point. For Latinos, the next big frontier is the college campus.
As school districts, teachers, and book publishers nationwide scramble to rewrite their lessons so they're in sync with the Common Core guidelines, what better time to shoehorn in some interesting math problems that also teach key money concepts?
With the rise in technology and the changing nature of how people shop for financial products, has your local bank branch become irrelevant?
What (South) Africa needs now is a new generation of bottom-up entrepreneurs, small business owners and self-employment projects for those ages 25 and below.
Chances are, you sweat over how to pay the bills, keep a roof over your head and maybe set aside a few bucks for a retirement that seems to recede fur...
We are wary of used cars salesmen, but how conscious are we of the fact that almost everything we buy is sold to us by a commission-based broker who wins when they convince us to buy more than we came to purchase?
Creating a generation of financially savvy consumers is within our capability. Every effort we make will improve our students' financial future and, as a result, the future of our economy.
Fewer than half of high school seniors are proficient in economics, according to the results of the 2012 National Assessment of Educational Progress e...
When it comes to planning for retirement, most Americans could stand to brush up on their financial knowledge a bit, but it's especially important for unmarried women. Here's what you should know.
I'm 33 and I've made just about every financial mistake you can think of: over-drafting, bad checks (accidentally), bank account closed (by the bank), reports to Chexsystems, low credit score, having a ton of credit cards (20, at my peak), pre-foreclosure, high-credit card debt....
A recent report suggest that two-thirds of Hispanic households and 62 percent of African-American households do not earn enough to cover basic needs a...
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.
Having a nationwide goal to increase the number of college graduates is important, but it must be paired with a companion goal for understanding and building students' financial health.
Orman's decision to join the University of Phoenix faculty and thus give her seal of approval to the institution does a disservice to Americans across the country who count on her for unvarnished and useful financial advice.
American women are pretty good at budgeting, but they don't have much confidence in the younger generation's money management skills. These are som...
Our whole national argument about taxes -- we pay too much! They pay too little! -- is misplaced. At best, it's a proxy for the real argument we should be having. To use Holmes's terms, we argue endlessly about the price when we should be debating the civilization.
We have a very low success rate of saving in the United States, and we are passing this legacy of spending on to our kids. We need to see that our children are taught these skills so that they can grow up to be financially literate, and we need to start young.
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.
Your financial literacy begins with an appreciation of this irrefutable data. It provides you with a clearly defined action plan: Dump your broker or adviser who claims to be able to "beat the market."
Sometimes the harder part of being informed means asking others for advice and help. Find that person you trust who can give you the best advice for your life.
