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Assessment Of Financial Literacy Education Importance And Practices, Matthew Goodwin

All Electronic Theses and Dissertations

The topic of financial literacy has attracted many researchers to study the various aspects regarding this issue. The importance of being financially literate has been shown by statistics throughout multiple studies. However, financial literacy levels in the United States, on average, consistently remain low, and only a small fraction of our youth could be said to be financially prepared for adulthood when they graduate high school. This literature review assesses the effectiveness of financial literacy education in the United States by reviewing past practices. Current practices and research-based suggestions are then assessed to help guide the future for financial literacy …