Media Planet recently featured an article written by Gigi Hyland, Executive Director of National Credit Union Foundation, on its website entitled Future of Business and Tech. Hyland's article is entitled,
"After Monopoly: 5 Ways to Teach Your Kids About Money." Below is an excerpt and a link to the full article.
It’s no surprise that America’s youth (and adults) need financial education. But how bad is it?
The National Financial Educators Council’s (NFEC) tested teens on national financial literacy standards last year, and while 4.7 percent participants achieved a score at or above 90 percent (an academic A), a staggering 62.4 percent of participants scored at or under 69.9 percent (a D or an F!). We’ve got work to do!
Here are five ways to get started:
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