College Helping with Financial Literacy
February 28, 2017
Currently, financial literacy statistics in the United States are pretty bleak. Around half of American adults have less than $10,000 saved for retirement and over half of Americans also claim they have “no rainy day fund.” Student loan debt is over 1 trillion dollars and nearly 40 percent of millennials worry about the state of their finances at least once every week. This study discovered ...
Let’s Innovate Through Education (LITE)
January 16, 2017
Maybe you’ve already heard of Let’s Innovate Through Education, also known as LITE. This nonprofit was recently founded by Hardy Farrow, who made Forbes’ 2017 list of “30 Education Entrepreneurs Under 30.” Read on to learn more about this great organization that aims to provide quality education to children in the Memphis area. Who is Hardy Farrow? Hardy Farrow is the 26-year-old ...
The Importance of Financial Literacy
January 2, 2017
By the time most students graduate from high school, they have little to no knowledge on how to handle their personal finances. Many people go straight from high school to the workforce and must learn to handle their own paycheck and begin dealing with big financial decisions, such as paying rent for an apartment, buy a car, and paying taxes. Even those who go to college must still deal with ...
New to Financial Literacy? There’s an App For That
December 21, 2016
For young people, particularly in high school or college, the ins and outs of managing money may be somewhat foreign. Most public schools don’t offer courses in personal finance anymore, and in college, such courses are electives at best. However, financial literacy is crucial to survival in the modern world. Young people especially need to develop skills like budgeting, paying bills on time, ...
