The recent U.S. government shutdown reminded us of the importance of financial literacy by highlighting how unprepared many U.S. households were to weather the month-long storm.
Ensuring that girls and women, in particular, understand the basics of personal finance and economics — not just to be ready for rainy days but also to plan for a successful financial life — is critical for at least two key reasons: American women often live longer than men and more frequently manage their household's finances.
Only about a third of girls said they are knowledgeable about how to invest money and make it grow, while just more than 10 percent felt very confident about financial decisions.
acorns It is vital that we restore ethics, civics, personal management, and personal finance back into elementary and high school curricula.