Financial literacy in America: Why the knowledge gap still costs us

Financial literacy in America: Why the knowledge gap still costs us | News Channel 3-12

Financial literacy in America: Why the knowledge gap still costs us 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. Every day, people make financial decisions like picking health plans, managing credit cards, or trying to save for retirement. But many don’t feel equipped to handle them. Studies sh…

Financial literacy in America: Why the knowledge gap still costs us

Crediohub reports America faces a financial literacy gap costing individuals $1,015 yearly, prompting states to mandate personal finance education.

Letter to the Editor: From GDP to Writing a Check: Closing the Financial Literacy Gap in Parsippany Schools

Dear Editor: In New Jersey, high school students learn how to solve for X—but not how to file taxes, budget rent, or avoid debt. Without adequate personal finance instruction, students graduate lacking critical skills to manage individual finances. Budget Bridge Foundation, a youth-led nonprofit founded by Randolph High School students Shubh Potdar and Evan Schwartz, […] The post Letter to the Editor: From GDP to Writing a Check: Closing the Fin…