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87% of teens report their parents are their main source of financial education, while more than 56% of married couples
report having serious problems related to their finances.
(Moneymanagement.com & Charles Schwab Foundation)
Revisiting The Basics To Ensure Your Family's Financial Future.
November 6, 2015 | Category: College Planning / Loans
| Author: Michael Schramm
Midterms might be over, but the thought of final exams has many students are stressing already. But some students — to the dismay of many — aren’t sweating their knowledge on financial literacy.
The reality is that most students aren’t making the grade when it comes to learning about personal finance. According to U.S. Bank’s recent survey, 65% of students gave themselves a C, D or F when considering whether they can successfully manage their finances and money.
One solution to this problem? More education in the classroom.
One proponent of this solution is Jim Chilton, founder and president of the Society of Financial Awareness. With 35 years of financial advising experience, he’s shocked that his children hanen’t learned about financial literacy topics in schools. Had he not taken it upon himself...