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A 2013 survey of U.S. Adults conducted by the National Foundation for Credit Counseling found  40% of adults give themselves a grade of C, D, or F on their knowledge of personal finance.Good Grades
The survey also found that 43% of adults (an estimate of 100 million people) are worried about having insufficient savings.
This quote from the FINRA Investor Education Foundation website sums it up well:

“The financial landscape in the United States continues to go through rapid changes both in terms of the greater responsibility placed on consumers to manage their financial well-being and the greater complexity and variety of tools and financial products available in this effort.

 Managing one’s finances is a complex set of challenges in the best of … times, requiring a combination of skills, judgment and resources. In today’s volatile economic environment, the challenges are especially acute and the downside risks are great. Individuals and families must grapple with a bewildering variety of financial decisions, ranging from choosing a bank and managing various kinds of debt to planning for retirement and purchasing insurance. Even the simplest of these decisions requires at least some basic financial knowledge and competency, while the more complicated decisions are challenging even for experts.”

Here are three on-line resources to help people learn more about their personal finances and to teach their children about money. I found them during my own search for information.
MyMoney.gov (http://www.mymoney.gov/Pages/default.aspx) is a US government website intended to be a starting point to help improve the financial literacy of people living in the United States. It includes a section for youth.
360 Degrees of Financial literacy (www.360financialliteracy.org) is a national volunteer effort of the nation’s Certified Public Accountants. The website offers articles organized by financial topic and life stage. Readers can post questions to money experts and find helpful financial calculators.
Money Management International (www.moneymanagement.org/Credit-Counseling.aspx)  is a nonprofit credit counseling agency based in Sugar Land, Texas. Its website offers articles, podcasts, webinars, quizzes, and other resources to teach people about money.
What resources do you find helpful?
 
The National Foundation for Credit Counseling survey is at https://www.nfcc.org/NewsRoom/FinancialLiteracy/index.cfm.
 


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