Why financial literacy education in the US sucks
Blame the Space Race … (kind of).
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It’s a common refrain: school is full of useless (if interesting!) lessons… but we learn next to nothing about how to manage our finances.
It’s true that many Americans still lack basic financial knowledge, which is a contributing factor to the money challenges – high levels of debt, insufficient savings, and poor investment decisions – that a lot of us face. But it’s not necessarily true that we never learned anything: many of us sat through a few classes on money management. It just may not have been enough to stick.
In this video, we’ll take a brief look at the state of financial education in the US: past, present, and future.
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Sources and further reading:
See the Council for Economic Education's full report, here: https://www.councilforeconed.org/
You can find Carly’s research, here: https://www.carlyurban.com/home/financial-education
And to learn more about how your state stacks up, check out the American Public Education Foundation’s roundup, here: https://www.thenationsreportcard.org/
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Watch our full video catalog: http://goo.gl/IZONyE
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Subscribe to our channel and turn on notifications (?) so you don't miss any videos: http://goo.gl/0bsAjO
This video is presented by Metro by T-Mobile. T-Mobile has no editorial influence on our videos, but their support makes videos like these possible.
It’s a common refrain: school is full of useless (if interesting!) lessons… but we learn next to nothing about how to manage our finances.
It’s true that many Americans still lack basic financial knowledge, which is a contributing factor to the money challenges – high levels of debt, insufficient savings, and poor investment decisions – that a lot of us face. But it’s not necessarily true that we never learned anything: many of us sat through a few classes on money management. It just may not have been enough to stick.
In this video, we’ll take a brief look at the state of financial education in the US: past, present, and future.
Help keep Vox free for everybody: http://www.vox.com/give-now
From doing your taxes for free to filing your first return, Vox has you covered:
https://www.vox.com/even-better-guide-to-tax-season
Sources and further reading:
See the Council for Economic Education's full report, here: https://www.councilforeconed.org/
You can find Carly’s research, here: https://www.carlyurban.com/home/financial-education
And to learn more about how your state stacks up, check out the American Public Education Foundation’s roundup, here: https://www.thenationsreportcard.org/
Vox.com is a news website that helps you cut through the noise and understand what's really driving the events in the headlines. Check out http://www.vox.com.
Watch our full video catalog: http://goo.gl/IZONyE
Follow Vox on Facebook: http://goo.gl/U2g06o
Or Twitter: http://goo.gl/XFrZ5H
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