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. …
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 …
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 report and findings. All quotes and data used are …
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.
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 students to prepare …
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 …