.jpg/:/)
Financial Literacy Education Empowers Young Adults
Financial success should be for all
Why Financial Literacy?
Every aspect of our adult lives: from paying bills, applying and managing credit, buying cars and homes, and investing for the future, all depend on a basic financial literacy.
And yet, research shows that only about half of Americans understand concepts like debt and the importance for saving for retirement.
California is one of 5 states with no personal finance education standards for any grade level.
a parent's case for financial literacy
The Need is Great
America's massive and expanding racial & gender financial literacy gap contributes to
growing economic inequalities.
Low financial literacy is connected to negative credit behaviors, higher interest and delinquency rates and home foreclosure.
Financial Literacy Empowers
According to the P-Fin Index, the connection is clear: financial literacy leads to financial wellness.
People with greater financial literacy are:
- Better prepared to achieve short & long-term financial goals
- Better able to handle unexpected expenses
- Are less likely to be bound by debt and tend to make payments on time
- More likely to plan for & stay on track towards retirement goals
.jpg/:/rs=h:650,cg:true,m)
.
Financial Literacy Curriculum
There is much to know about the financial part of our lives. We often must learn as we go, making painful mistakes along the way.
Beyond the specifics of budgeting or how credit works, a large part of financial wellness is about self-control, discipline and trade-offs; about delayed gratification and the ability to think long-term.
Topics include:
Wants vs. Needs
Financial Goal-Setting & Planning
Delayed Gratification & Self-Control
Income & Taxes
Budgeting & Expenses
Savings
Unexpected Life Events
Credit & Debt
Insurance & Risk
Being a Critical Consumer
Retirement
The Magic of Compounding
Introduction to Investing
Financial Self-Sufficiency
National Financial Literacy Month
April is National Financial Literacy Month.
There's no better time than spring for a month of information & action devoted to family-focused financial wellness.
April is National Financial Literacy Month
Copyright © 2020 Money Education For All - All Rights Reserved.
NO INVESTMENT ADVICE
The Content is for informational purposes only, you should not construe any such information or other material as financial, investment, professional, legal, tax or other advice. Nothing contained on our Site constitutes a solicitation, recommendation, endorsement, or offer by MEFA or any third-party service provider to buy or sell any securities or other financial instruments.
All Content on this site is information of a general nature and does not address the circumstances of any particular individual or entity. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other Content on the Site before making any decisions based on such information or other Content. In exchange for using the Site, you agree not to hold MEFA, its affiliates or any third-party service provider liable for any possible claim for damages arising from any decision you make based on information or other Content made available to you through the Site.
Powered by GoDaddy Website Builder