Financial Education and Training: Empowering Your Financial Future

Celebrating Financial Literacy Month: Your Roadmap to Financial Health and Success

April marks Financial Literacy Month, a time to highlight the importance of financial education and encourage the pursuit of financial health for everyone. I’d love to reflect on where we stand on financial literacy and safety.

According to Standard & Poor’s Global Financial Literacy Survey, 57% of adults in the U.S. are financially literate. The country ranks 14th worldwide on basic financial skills, behind Australia, Canada, Denmark, Finland, Germany, Israel, and other countries, which had 61% or higher rates of financial literacy. These numbers are consistent across generations.
As we celebrate Financial Literacy Month, it’s the perfect time to create a plan for financial success. Here are some of the things that require our immediate attention:

Start Them Young, But Don’t Leave the Old Out
It’s easy to identify the roots of Americans’ financial literacy crisis. 75% of American teens need more confidence in their personal finance skills. After all, only 23 states in the U.S. require financial literacy in high schools!
Ill-equipped to manage their finances from childhood, Americans grow up to become awful at it. The lack of financial education has led to a financial…