
Talking a bit about this effort, as a concrete reference, if the US Government is carrying out some programs to achieve this ambitious long-term goal, Do we people on Main Street also realize the importance of having skilled financial professionals teaching us how to achieve our personal financial goals and avoid making mistakes in a still complex global financial setting? (What's happening in Dubai is a very clear example...)
In my very humble opinion although financial institutions should play a considerably more active role in educating people, Bank of America is a reasonable example of some efforts intended to spread Financial Literacy within some communities.
Based upon a very clear financial diagnosis where people still lack a basic financial education, let's consider the following excerpt from the article Americans hunger for better Financial Literacy that makes emphasis in the urgency not only to learn about this subject but to find more experienced financial advisers ready to teach them:
"Financial Advisers in Demand
In addition to getting themselves more educated, many also are looking to professionals more for financial advice. While 65% say they feel unsure about investing because of the economic crisis, four in 10 (38%) say they've started meeting with a financial adviser, or plan to soon, to work toward securing their financial future.
Nearly one-third (31%) admit they'd like advice from a professional on how to invest their money, the study found".
Image: Flickr
1 comment:
teaching pesonal finance to your children they get a ‘head start’ on life and are prepared to meet its challenges. Teaching money management skills can help your child achieve financial independence at a young age
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credit card debt
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