Category Archives: Financial Literacy

Financial Literacy Statistics

The National Financial Educators Council offers recent statistics about financial literacy in the United States. Sample stats include:

  • Students between the ages fifteen to twenty-one report that they feel unprepared to face the complex world of the twenty-first Century (American Dream Education Campaign)
  • The majorities of educators were not giving a financial education course and feel unprepared to teach the subject. Many lack the confidence to teach it to students. (“Taking Ownership of the Future,” Financial Literacy and Education Committee, 2006)
  • Research indicates that people who have had financial education participate more often in retirement programs, make larger contributions to the program and have a much higher savings rate than others. (“Integrating Financial Education into School Curricula,” The Department of the Treasury)

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Click here for Money Talks, An ESOL Toolkit for Financial Literacy