Financial literacy education does not have a great reputation. It's a huge industry, spawning all sorts of books, web channels, TV shows and even social media accounts — but past studies have ...

Can you explain what risk diversification is? Identify the effects of inflation? Know how to calculate interest? If you answered yes to these three questions, you are better off than 43% of Americans ...

Since promoting financial literacy is a lifelong personal mission, I’m always looking for ways to encourage self-assessments to determine if more education is needed. A favorite resource of mine is ...

Financial illiteracy costs the average American $1,015 a year. This isn’t just some abstract statistic — it’s real money lost to bad budgeting, high-interest debt, and missed chances to grow wealth.

News literacy as a field is officially about eight years old. For four of those eight years, it has been funded by the McCormick Foundation (which has also funded these stories), whose three-year, $6 ...

Ten years later, Lusardi and Mitchell are out with a new paper, similarly titled, but much more upbeat. "The Importance of Financial Literacy: Opening A New Field," picks up where their 2013 study of ...

In the nearly four months since the EU AI Act’s literacy requirements took effect, we regularly receive variants of the following questions: what, exactly, does it mean to be AI-literate, and how does ...