The idea that teaching kids about money should be left to parents is strictly old school, a panel of experts agreed. Personal finance is “Reality” in the post financial crisis world and should be regarded as the Fourth R. This is …
Financial Education
4 Key Financial Moves After Landing a New Job
The job market remains difficult. But mobility is better than it has been in a few years. If you are switching employers, here are 4 financial moves to help you stay on tack.
How Personal Finance Will Shape the Coming Education Revolution
With average SAT scores down and evidence of widespread cheating in the classroom, it seems obvious that our educational system needs an overhaul. Some bright minds are on it and change is coming.
What Savings Rate You Need When Starting at Age 15, 25, 35 and 50
Most of us are born procrastinators. That’s why we start saving late in life and hope to make up the difference by hitting the lotto or, if we must, by working longer. Neither is a great strategy.
How the NFL’s Blown Call Fiasco Will Boost Your Retirement Security
When replacement referees blew a call on Monday night they probably didn’t know that they were furthering the retirement security of every American. Then again, it’s just one more thing they didn’t know. Here’s why we should all …
Compound Interest: Knowledge Builds Wealth, Which Fuels More Learning
A string of new research builds the case that financial literacy at an early age is at the heart of wealth creation. Financial understanding leads to asset building, which leads to a more vigorous quest to understand personal finance. It’s a virtuous circle that can give an edge to anyone who latches on.
Retirement Saving: What Comes Natural is Worst Approach
Most people delay saving for retirement until their income goes up and retirement age is on the horizon. It makes sense. But it doesn’t work. Here’s why.
In Depressed Athens, a Money Museum Tries to Turn the Tide
As the people of Greece anticipate an even deeper slump and a possible abandonment of the euro, the central bank unveils a museum chronicling the history of money. This is what passes for financial education.
Financial Fitness Workshop to be Held in NYC Sept. 29
If you’re in the New York area, be sure to consider attending the tenth annual Financial Fitness Workshop, hosted by the Financial Planning Association of New York and the NYU School of Continuing and Professional Studies. TIME Moneyland is a media sponsor of the event, which will be held Sept. 29 in Vanderbilt Hall at the New York …
Spain’s Economy May Be a Mess — but It Can Teach the U.S. About Financial Literacy
A nation at the heart of the global debt crisis has a financial-education strategy focused on schoolkids. I speak with one of the architects of the plan in Madrid, where a new four-year plan is in development
True Story: How Young People Can Lock Up Financial Security in 5 Years
A report from T. Rowe Price argues that the first few years out of school are critical in reaching long-term financial security. Starting saving early is so important that you can virtually lock up retirement security by age 30 if you take these four steps
Compound Interest? Huh. Investors Flunk Key Financial Literacy Test
Dodd-Frank financial reform mandated a study on what Americans understand about investments. The results weren’t pretty.
