Tag Archive | "personal financial literacy"

Top Three Money Educating Products for Your Child

Top Three Money Educating Products for Your Child

Posted on 15 September 2009. Tags: , ,

Children need to be financially literate. This is what the government and educational institutions are trying to convince parents and children about. In recent times, many surveys have been conducted regarding the issue. The Jumpstart Coalition Survey for Personal Financial Literacy for children came up with a disappointing report that high school students answered only less than half questions correctly on bank accounts and credit cards! Not only school children but young adults also seem to be desperately lacking in money management skills and financial literacy. Earlier, money was quite an easily available resource. But not anymore! The recent recession has made it imperative for every American to spend his/her money wisely and it should start from the lowest levels of society – the children. [...]

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