Financial Literacy: A Never Ending Lesson


In a majority of my blogs, I have discussed  the importance of educating young students in financial literacy. It makes sense that we teach at a young age, because it prepares students for the future that lies ahead. However, it is never too late to gain knowledge and experience when it comes to personal finance. Many adults lost out on the opportunity to become financially literate. Thus, they have either suffered the consequences, or they are struggling with the basics. All this considered, no age is too old to learn about the financial burdens most will face in their lifetime.


Community Courses


As our country continues to fall short in mastering personal finance, it is crucial that we take actions to rectify the troubling statistics. All across the United States, communities are seeking professionals in the industry. The hope is that they will help to lead financial literacy courses for adult learners. These course are looking to offer informational session about topics such as taxes, bank balancing, budget setting, and more. With 8 in 10 adults in America carrying debt, these classes intend to provide means of encouragement towards financial stability.


Online Resources


Since the internet is a huge presence in almost everyone’s life, it makes sense that many would turn to it for advice on finances. The National Financial Educator Council provide online financial literacy workshops for all demographics . In their words, “There is no better feeling than that of being totally in control of all your economic actions and knowing that you do not need to rely on any other person to help you make investment decisions that can yield results. This, however, can only be possible if you have the right education to be able to make such decisions.”


Workplace Programs


Millennials and Generation Z are launching their careers. At their ages, they probably missed out on educational opportunities in financial literacy. To bridge the gap, Human Resource workshops regarding insurance, taxes, 401K, and benefits should be included with new-hire training. So many young professionals accept their first job knowing little to nothing about the financial burdens that come with being employed. A workplace informational session is a great way to educate these young adults. As an added bonus, it helps to establish positive relations between employees and HR representatives.