Pay Down Debt or Invest? The Answer is Complex How is your money best spent: by paying down debt, or by investing? At our financial workshops, some attendees have said they have $10,000 in credit card debt with interest rates of 20% or higher, and several easily liquidated investment accounts earning just 4%. Wouldn’t the [...]
Professionals Share Best Financial Tips They Received as Teens Navigating today’s financial landscape has become increasingly complicated, and money management for teens is a topic rarely covered in a typical public school curriculum. Yet teens and young adults face many difficult financial decisions that will have a powerful impact on their lives ahead. In March [...]
Poll: Parents Must Shoulder Burden of Youth Financial Futures Financial literacy statistics clearly show that today’s American youth lack key financial knowledge. But who should be charged to teach our kids how to manage money? In a recent poll by the National Financial Educators Council (NFEC), more than half of respondents said they believe this [...]
Seventy Dollar Selfies: Or How I Learned to Start Saving Money “Why didn’t you tell me?” he asked. Tell you what? That I have less than a $100 left to my name for the rest of our weekend in the city? I didn’t respond. I didn’t have an answer. I must have missed the episode [...]
Public Schools Responsible for Preparing Students for Financial Life, Say Experts Why do 1.3 million U.S. college students graduate annually carrying student loan debts? Why do 30% of college and university students drop out after the first year? The National Financial Educators Council is concerned that lack of money management education in junior high and [...]
