Tag Archives: financial-literacy
- Financial Literacy For Kids: How To Really Teach Kids How To Manage Money
When I was 8 years old my dad took me into Citibank to open my very first savings account. He said it would teach me the value of a dollar and the importance of saving. I don’t remember how much I started my account with and if I deposited on a regular basis but I [...]
- Chapter 4 – Why Money Doesn’t Make You Happy
TABLE OF CONTENTS Chapter 1 – I Got Hit in the Head With a Baseball and I Saw it Coming Chapter 2 – What Your Money is Trying to Tell You Chapter 3 – Take a Lap on the Gerbil Wheel of Debt Chapter 4 – Why Money Doesn’t Make You Happy Chapter 5 – [...]
- Financial Literacy is Not a Vaccine, nor is it a Solution. It is an Excuse.
One of my Twitter buddies, Thomas Fox (@thomasjfox) sent a tweet about an article titled “Financial Ignorance is Not Bliss.” When Americans were questioned by the National Foundation for Credit Counseling, more than 41 percent of adults gave themselves a grade of C, D or F when it came to their understanding of financial literacy. [...]
- Money Personality Quiz
What’s Your Money Personality? Are you a balanced spender/investor or are you a Binge Spender? A Big Spender or a Micromanager? Take this fun quiz to find out which money personality best describes your style of money management. You may find that two or more answers to some questions seem correct in describing you. In [...]
- Financial Literacy Not a Band-Aid to Change All Factors for Smart Money Management
photo © 2010 Alan Cleaver | more info (via: Wylio)The Centre for Corporate Law and Securities Regulation in conjunction with The University of Melbourne released a Research Report in March 2011 about Financial Literacy and “What Causes Suboptimal Financial Behaviour? An Exploration of Financial, Social Influences and Behavioural Economics”. This following article will showcase their [...]
- Congress Holds Hearing on Financial Literacy
The Honorable Dennis McKinney, Treasurer, State of Kansas U.S. House of Representatives Committee on Financial Services Subcommittee on Oversight and Investigations Representative Moore, Chairman August 24, 2010 Testimony by Kansas State Treasurer Dennis McKinney Good morning Chairman. As Kansas State Treasurer, I believe financial literacy is a national priority. As a result, my office provides [...]
- Thank You Notes From Students for Financial Literacy Donation
I just got these thank you notes in from students that I thought I share with you. As I’ve mentioned before part of the money I receive each month I invest in projects or services to help others. One of those areas is financial literacy for kids. @GetOutOfDebtGuy
- Financial Education For High School Students Does Not Work and Could be a Waste of Time and Money
In what feels like a never ending series of debunking articles about financial topics, like why a 15 year mortgage is less safe than a 30 year mortgage, here is another installment, this time about financial education. Typically financial education classes are touted as some sort of inoculation that can be given to high school [...]
- Graduate From College With Good Grades And Get A New House
An inovative new program from Paul Quinn College in Dallas, Texas significantly rewards students that graduate within five years, with a grade point average of 3.0 or higher, secure employment in the Dallas metropolitan area, maintain a good credit history and donate 400 hours of volunteer time to the community. University president Michael Sorrell is [...]
- Is Financial Education for Students Alone An Effective Solution?
As someone that deals with the aftermath of the financial mess my answer will surprise you. Yes there should be classes but it is NOT a vaccination against financial problems but it might be part of a longer term multifaceted solution. My observation is that teaching these issues in high school is a bit like [...]