Being financially illiterate can lead to financial disaster, as it increases the likelihood of accumulating unsustainable debt burdens due to poor spending decisions or a lack of long-term planning.

A mother explains a banking app to her daughter. (Image from Bank of America video) Financial literacy is more important than ever. A recent study by Bank of America found that about 40% of older ...

Forbes contributors publish independent expert analyses and insights. The tactics everyday people use to “FIRE” and pursue their dreams. One of the most common emotions connected with money isn’t ...

A recent report highlighted the poor levels of financial literacy among American teens, but are states doing enough to ensure that the next generation have the money skills they are going to need? Not ...

Starting financial education early pays big dividends, and that’s why we at Cardinal Credit Union are big supporters of these types of initiatives—and have been since 2012, when we began working with ...

Financial education is integral to workforce readiness and overall life skills success, which is why it’s important for young people to understand financial basics, especially by the time they enter ...

Early entrepreneurial experiences teach valuable financial literacy and business principles. Parents can bridge gaps in financial education through hands-on, real-world lessons. Small businesses help ...

Reading, writing, arithmetic ... and finance? Teaching kids about financial concepts and prudent decision-making can help them become financially proficient adults and deserves a spot alongside early ...