When it comes to managing personal financial affairs, there is only so much an individual can know. For years, the financial literacy movement missed that.
Financial Education
Women and Money: Even College Grads Flunk Personal Finance
One of the chief conclusions that financial literacy experts have drawn in recent years is that college graduates typically know enough to manage their money reasonably well. Now, a new study looking specifically at educated …
Why Planets Collide When We Talk About Money
When it comes to money, men really are from Mars and women from Venus, according to an expert panel at the Council for Economic Education. The one thing they have in common: Neither is particularly astute when it comes to managing their finances.
Italy’s Newest Museum: Dante, Moliere and…Personal Finance
The Museum of Saving opened its doors in Turin, Italy last month, with a mission to bring personal finance to life. Financial education is being taken seriously around the world.
Does Financial Education Work? Clinton Global Initiative and PwC Bet $160 Million That It Does
The financial literacy movement is getting a valuable boost. At the second gathering of the Clinton Global Initiative America, which runs today and Friday in Chicago, the accounting giant PwC will unveil a $160 million campaign …
Saving for College: Most Parents Flunk the 529 Test
With student debt at $1 trillion and counting, and tuition rising 8% a year, it seems impossible that anyone would not know about the smartest college savings tool out there: the 529 plan. Alas, stunning numbers of Americans are in the dark.
Retirees Taking Early Social Security Benefits Hits 35-Year Low
Boomers have got the message: For most people, it makes sense to delay Social Security benefits to age 70 if possible. More made the choice to delay in 2011 than at any time since 1976. Here’s how you can afford to wait too.
What President Obama Wants You To Tell Your Kids About Money — and When
A useful new government website has just gone live, offering easy teaching points for parents who want to help their kids grow up knowing a thing or two about compound interest and 19 other key financial concepts.
The Subprime Generation: Stop Using Dubious Financial Services!
More young Americans – even those earning between $50,000 and $75,000 – are using payday lenders, prepaid debit cards and other questionable financial services. But there are better alternatives to those “alternatives.”
The Future of Retirement? 401(k)s That Look Like Old-Fashioned Pensions
One of the biggest flaws in most people’s retirement plan is something that previous generations rarely worried about: monthly income guaranteed for life. But the fix is in, and before long your 401(k) may look a lot more like …
How to Get the CFPB to Address Your Most Pressing Money Needs
The Consumer Financial Protection Bureau is testing a new website that it hopes will answer all your money questions in the near future. Here’s your chance to let them know what you need most.
Graduation Day Advice: 5 Steps to a Great Career
A stirring commencement speech in the heartland lays out the path to business success. Keep learning and just do the right thing are a good start. But there is more.