Almost one-third of young adults are financially “precarious” because they lack money management skills and income stability, according to a new study. Some participants in another group in the survey said they skimped on health care because of lack of money. The findings come from researchers at the University of Illinois at Urbana-Champaign. Lead author… Continue reading Financial Literacy and Young Adults
Tag: financial literacy
Is Your Partner Wrecking Your Financial Literacy?
As couples mature together, they often grow apart in their level of interest and skill in handling their finances. A disparity in financial literacy that may be small or even nonexistent at first can increase over time depending on how much responsibility one partner undertakes, according to researchers at The University of Texas at Austin… Continue reading Is Your Partner Wrecking Your Financial Literacy?
The Road to Financial Literacy: Three Minuses, Three Pluses
Financial literacy isn’t something we learn in school, and most parents admit they feel unqualified or incapable of teaching their children about money. As a result, most of us are self-taught when it comes to learning about money. “Too often, like financial lemmings, we follow the trends, patterns, and habits of people around us without… Continue reading The Road to Financial Literacy: Three Minuses, Three Pluses