Archive for Commentary, News, Uncategorized
Teens Report Feeling “Clueless” About Money Management
The results of a new poll by Opinion Research Corporation cast a spotlight on what many contend has been a longtime need for greater levels of financial literacy among our population’s young people. Almost half (49 percent) of teenage respondents say they feel...
UK Leads Europe in Demand for Financial Education
UK adults report a greater demand for financial education in schools than adults in any other European nation. This demand is in line with legislation that will require financial education throughout UK schools, for the very first time, as it becomes incorporated...
World Bank Group: Financial Literacy is Key to Financial Inclusion
With more than 2 billion adults classified as unbanked globally, several leading figures at a World Bank Group forum last week presented a plan for securing universal financial access by 2020, with financial literacy serving as a primary driver to successful financial...
Financial Literacy is Focus of MasterCard and Junior Achievement Alliance in Nigeria
MasterCard and Junior Achievement Nigeria announced today their joint alliance to provide financial education to young people in Nigeria through 20 secondary schools, impacting hundreds of students throughout the country. The initiative is focused on building the...
Philippines: A Case Study in Financial Literacy for Foreign Workers
The financial literacy community was buzzing today over news that an alliance of major international organizations, including the United Nations, the European Union and the Philippine government, has rolled out a major financial literacy initiative to teach important...
FPA Salutes Financial Literacy in 12th Annual Financial Planning Week
The Financial Planning Association (FPA) is promulgating the virtues of financial education and boosting awareness of the importance of financial planning during its 12th annual Financial Planning Week. In recognition of this annual event, FPA chapters throughout the...
Webster Bank Funds Financial Education Program as Private Sector-Government Partnerships Continue to Drive Financial Literacy
Webster Bank’s announcement on Tuesday of its grant to support financial literacy initiative Empower Rhode Island represents just the latest move by a U.S. consumer banking institution to support financial education in the fast-growing financial literacy space. ...
North Carolina CPAs Respond to Financial Literacy Deficit Among Young People
The financial literacy community is buzzing over news that only 13 percent of parents are talking with their children about money topics, such as budgeting, saving and planning for their financial futures. The results of the survey, conducted by the American Institute...
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City National is Latest Bank to Fund Financial Literacy
by FinancialCorps | 10/17/13
City National Bank’s announcement that it is now accepting grant applications from public and private schools throughout five states to support financial literacy programs for students represents just the latest of many recent grant announcements by banks focused on...