Profs. Olivia S. Mitchell (Wharton) and Annamaria Lusardi (Stanford) highlight the transformative role of financial education to bridge gaps in financial literacy. …Read More
Dollars and sense: The case for teaching personal finance
financial education
Young Adults Perspectives on Global Issues versus Personal Finance
Young adults are committed to solving global problems yet they are less optimistic and less engaged in financial matters. Financial education, retirement planning, and workplace benefits participation can help manage financial stress and improve long-term outcomes for this cohort, report Surya Kolluri and Emily Watson of the TIAA Institute and Jeanne de Cervens of the Georgetown University McDonogh School of Business. Via RetireSecure blog. …Read More
High School Financial Education and Downstream Financial Behaviors: What Does the Research Say?
Requiring high school financial education affects near-term behaviors for young adults entering financial independence yet has little effect on long-term savings and investing, explain Profs. Carly Urban of Montana State University and Melody Harvey of University of Wisconsin-Madison, via RetireSecure Blog.…Read More