This is the second in a series of articles discussing the importance of financial literacy for women. As we discussed in the first article in this series, the increasing complexity of today’s financial and investing world may make financial literacy more important now than ever before. Unfortunately, though, some recent [...]
Today, we are beginning a new series of articles discussing the importance of financial literacy for women. Financial literacy may be more important now than ever, given the increasing complexity of today’s financial and investing world. However, some recent studies indicate that there is a relatively low level of financial [...]
Once you have earned money, there are four main things that you can do with it: 1) Spend it 2) Save it 3) Invest it 4) Give it away. You probably don’t need a tutorial on how to spend money. Of course, most people make both wise and unwise spending [...]
Perhaps nothing epitomizes a national shift toward personal financial responsibility more than the changes that have occurred in the realm of retirement planning. In previous generations, many companies provided their employees with generous defined benefit pension plans. These plans were primarily employer-funded and guaranteed a certain amount of income to [...]
Financial literacy is arguably more important now than ever, but there appears to be a large financial literacy gap in the U.S. today. In a survey conducted by the Financial Services Roundtable, 41 percent of U.S. adults gave themselves a grade of C or worse when it comes to their [...]
It could be argued that the world of finances and investing is more complicated today than ever before. For example, unlike past generations that were able to rely on generous company pension plans, many Americans today are primarily responsible for saving for their own retirement. This complexity makes financial literacy [...]
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