New research commissioned by Ecstra Foundation shows that many countries, including Australia, continue to grapple with how to improve financial literacy in the face of economic and social headwinds. The findings suggest that Australia could learn a lot from the approaches of other countries.
...The report, International Approaches to Progressing Financial Capability, by Social Ventures Australia (SVA), looks at international trends in financial literacy and capability, and identifies key ideas and approaches that may be relevant to the Australian context.
Click this link to read the report:
https://www.ecstra.org.au/news/ecstras-releases-research-report-international-approaches-to-progressing-financial-capability
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New research commissioned by Ecstra Foundation shows that many countries, including Australia, continue to grapple with how to improve financial...
www.ecstra.org.auWhat a great win for California ๐
#financialfreedom #financiallyliterate #moneymanagement #financiallyliterateyouth
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Cairns Post's article from 20 April 2024 on financial literacy and the lack thereof being a great regret amongst Millennials...
โEducation is the most powerful weapon which you can use to change the worldโ. - Nelson Mandela
It is never too late to start either! .... FLY... Handbook ๐
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Financial literacy is good for Americans, and for the country...
"Currently 35 states require high school students to take a course in personal finance to graduate, and 28 states require students to take a course in economics. The only states that have no requirement include Colorado,... Delaware, Illinois, Maine, Massachusetts, Oklahoma, South Dakota, Vermont and Washington.
Arizona enacted legislation to establish a State Seal of Personal Finance Proficiency to recognize public school graduates who have attained a high level of proficiency in personal finance.
Organizations like the Council for Economic Education have been advocating for public policy that instills in high school students the fourth โRโ โ a real world understanding of economics and personal finance. Its FinEd50 initiative advances policy changes at the state level and reports a 12-state increase since 2022 in states passing personal finance requirements. That translates into an additional 10 million high school students who will be able to learn financial literacy."
Click here to read more:
https://www.dailyitem.com/wire/politics/commentary-financial-literacy-is-good-for-americans-and-for-the-country/article_f52b66aa-b7ef-5e15-a7ba-fa91d6fc3cda.html#:~:text=Economically%20informed%20citizens%20are%20better,decisions%20at%20the%20ballot%20box.
We agree, and for Australia too!
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