Being financially illiterate can lead to financial disaster, as it increases the likelihood of accumulating unsustainable debt burdens due to poor spending decisions or a lack of long-term planning.
Add this to the growing list of calls to action for the advice industry. It is no longer enough to treat financial literacy as the sole priority. Media literacy — the ability to navigate an ...
After the North Dakota Department of Public Instruction released statewide financial literacy content standards for K-12 ...
Financial illiteracy costs the average American $1,015 a year. This isn't just some abstract statistic — it's real money lost to bad budgeting, high-interest debt, and missed chances to grow wealth.