Thursday, September 7, 2017

Financial Literacy... Still a "key" subject today? (2)

From the Cartoon Series "Fairly Odd Parents": Mr. Crocker and Timmy Turner
After a crisis that shook the entire financial system 10 years ago, here we are again with some additional arguments as to how critical Financial Literacy is.

Even though I believe that the Obama administration did something more concrete in terms of spreading information and knowledge about how to manage efficiently your money, how to spend your money wisely, how to save your money wisely, how not to get indebted, how to remain protected from bankruptcy, etc, considering that Financial Literacy can not be exactly good in America according to references I've shared with you in the previous publication, it looks like we should continue making emphasis in the nature of the problem that people in America and particularly teenagers and college students continue facing.
Considering this frame of reference, I have no doubt that there are indeed many really good online resources about how to become financially educated, however, it is also necessary to continue pointing out how young people across America have been doing in recent years in order to continue keeping in mind how serious the problem still is despite efforts that universities have been doing in providing a minimally adequate financial knowledge to students; in this regard, there's always an exception to the rule... a good example of these efforts: the University of California San Diego hosts a series of good online educational resources on its website.











So... How about if this is the bottom line here?

What do you want to do in order to get (urgently) familiar with money management? Would you pay a financial counselor a fee to learn about how to manage your money? Would you rely on relatives (assuming that they won't charge you...) wishing that they could be "familiar" with money matters that mind *only* to you and your wife - husband? Would you like to learn about money management on your own (which requires considerable commitment and discipline keeping in mind -an obvious priority- your family well being) based on many really good online informational - educational resources?
Considering that some serious efforts have been done in order to deal with the problem and continue spreading Financial Literacy as a much needed educational asset throughout the educational system, although on this blog you can find a series of online resources about various subjects, in order to offer you current resources, I'll be working on reviewing every link I've posted to confirm its availability and post some future comments about its content.

Finally, let's consider something else... Do you still think that you earn an F because of your poor financial knowledge? Don't worry; just consider how important Financial Literacy still is and be ready to take (immediate) action:




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