What is Financial Literacy?

Financial literacy – our future depends on it.

Before kids can read, they have to understand a few basic components and how they connect. The marks that form letters. Letters that form words. Words that form sentences and paragraphs. Only after grasping these concepts can kids pick up a book and understand the power of its pages.

The Facts Are Frightening!


of college students have credit cards


have more than four!

(National Financial Educators Council)

The fastest-growing segment for bankruptcy – people age


(National Financial Educators Council)


year olds in the US could answer 3 simple finance questions
about interest rates, inflation and risk diversification

(Lusardi, Mitchell, & Curto, 2010)

According to a 2008 survey, only


of youth knew what inflation was and could do simple
interest rate calculations.

(Lusardi, Mitchell, & Curto, 2010)