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Financial Literacy

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Assessment Of Financial Literacy Education Importance And Practices, Matthew Goodwin Jan 2018

Assessment Of Financial Literacy Education Importance And Practices, Matthew Goodwin

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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 …


The Impact Of Financial Education On High School Students' Current And Future Financial Behaviors, Deidra M. Van Lith Jan 2018

The Impact Of Financial Education On High School Students' Current And Future Financial Behaviors, Deidra M. Van Lith

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Financial literacy is an essential skill, necessary to lead a prosperous life. This paper explores the impact of financial education on high school students' current and future financial behaviors focusing on the history of financial literacy in the United States, influencers of personal financial knowledge of students, and delivery of curriculum. The emphasis put on the importance of personal financial education in high school has come and gone throughout the past few decades. While many schools and organizations see the importance of a personal finance class in high school, others do not see a spot for it within the demanding …