Kiplinger

Why Financial Literacy Alone Will Always Fail

April is financial literacy month, and it’s dedicated to educating people on basic money concepts such as budgeting, saving, debt, compound interest and investing, just to name a few. Given that only 57% of adults in the United States are deemed to be financially literate, it’s certainly something we need to address. Improving the financial literacy of all people is a noble cause, but many questions remain surrounding how to do it.

Google financial literacy and you will find that , no standardized way to measure it, and no consistent process to ensure people are

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