A recent article published online by Forbes (http://www.forbes.com/sites/nealegodfrey/2015/04/12/why-dont-our-kids-have-the-money-smarts-to-live-in-the-real-world/) 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!
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