Monday, April 13, 2015

The importance of financial literacy

A recent article published online by Forbes ( laments the lack of financial literacy in America today, reporting the alarming finding that 40% of Americans grade their own understanding of personal finance with a C, D, or F! Moreover, over half of American adults don't have an emergency fund big enough to cover 3 months worth of expenses.

The author joins in the recommendation that parents and schools combine to teach fiscal responsibility to our children--but first, adults need to understand it themselves!

Until everyone is financially savvy, we will all need to keep up the fight and advocate the Millionaire Mindset!

Happy saving!