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The Latest Breaking News from Financial Literacy

Alarm as financial literacy fails to add up for many

A two-tiered financial health system, characterised by "haves and have nots", has been revealed in a survey of Australians on financial literacy questions.

AAP

Are you ‘loud budgeting’ or ‘doom spending’? Finance according to gen Z

US schools fall short on financial literacy. So a generation saddled with money woes has developed language of its own

The Guardian - US

Money matters: why museums could help Britain’s poor financial literacy

Shelving of plans to revamp Bank of England Museum puts spotlight on uphill task of expanding financial education

The Guardian - UK

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Reddit mom criticized for teaching financial literacy to her 12-year-old

This article discusses a mother's proactive approach to teaching her child about finances, highlighting the importance of instilling financial awareness fr...

Top News

Financial literacy programme conducted in tribal village

A financial literacy programme was conducted for children from tribal and rural communities in H.D. Kote to empower them and help them make informed choices to break the cycle of poverty.

The Hindu

Former NFL player Carl Nassib: ‘Gen Z college players are living the dream–but they could become cautionary tales if they don’t educate themselves about personal finance’

Gen Z, which includes the latest crop of incoming college players, tends to score the lowest in financial literacy.

Fortune

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More than 1 crore informal MSMEs brought into formal sector, says official

Government emphasises need to create financial literacy & awareness of schemes for MSMEs growth.

The Hindu

There’s a financial literacy gender gap − and older women are eager for education that meets their needs

Every day, families across the U.S. have to make difficult decisions about budgeting, spending, insurance, investments, savings, retirement and on and on. When faced with these choices, financial literacy – that is, knowing how to make informed decisions about money – is key.

The Conversation

Is Your Financial Health a House of Cards?

Union strikes and threats of government shutdowns expose Americans’ lack of financial wellness. Systemic changes are needed to address financial literacy.

Kiplinger

Asian delegates laud education reforms in Andhra Pradesh at global conference

Andhra Pradesh lauded at Global Social & Financial Skills Conf. for reforms in edu. sector. APSRTC, DEOs, Aflatoun Intl., Udhyam Learning Fdn. & Reap Benefit played significant role. Suresh Kumar discussed with UNICEF & Global Financial Literacy Excellence Center, U.S.A.

The Hindu

I can’t bear to check my bank balance – is it because I’m a woman?

Olivia Petter asks herself why she has spent her life refusing to talk or think about her finances, and whether the barriers to financial literacy are greater for women than men

The Independent UK

‘Hi, my name is Olivia and I’m financially avoidant’: The people who can’t face thinking about money

Olivia Petter asks herself why she has spent her life refusing to talk or think about her finances, and whether the barriers to financial literacy are greater for women than men

The Independent UK

Football and big money: what some professional players in Ghana told us about handling their finances

Footballers are among the best paid sportsmen in most parts of the world.

The Conversation

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The Independent UK

Dollars and sense: Can financial literacy help students learn math?

More states are requiring personal finance education before students graduate from high school

The Hindu

Adult education draft framework calls for financial literacy

The draft lays stress on finding sources of income, spending money in hand wisely, curbing excesses, and remaining safe from exploitation.

The Hindu

‘Financial literacy absent among most MSMEs in Karnataka’

Financial literacy is literally absent in a majority of Micro, Small and Medium Enterprises (MSMEs) in Karnataka, said C.A. Shashidhara Shetty, president, Karnataka Small Scale Industries Association (KASSIA).

The Conversation

Financial education has its limits – if we want New Zealanders to be better with money, we need to start at home

Even as an economics student at university, I remember heading into town on a Friday night knowing what I needed to pay the bills before I could spend on socialising. But despite having the financial literacy to know better, Monday could still sometimes begin with a trip to the bank…

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Fortune

How employers can help their financially-stressed young workers

Employers can help improve young workers' financial literacy and money management.

Kiplinger

Are You the Worst Money Role Model for Your Kids?

The answer is probably a resounding yes. Does that seem harsh? It may not be harsh enough. Read on for some reality checks, especially for Millennials.

The Times of India

At 64th session of 'Taalim O Tarbiyat' experts tell female participants 'India is a land of opportunities'

NEW DELHI: Addressing a predominantly women audience, comprising young college students and aspiring female entrepreneurs, some senior financial experts, bankers and motivational speakers said on Thursday that education is key to development and financial literacy could open doors of opportunities.

The Conversation

To fight financial illiteracy, we mapped our money system as waterworks

Over the past decade, the super-rich and large corporations have been able to borrow at record low interest rates. This influx of easy money has shored up markets for yacht-backed-loans and securities, dividends, share buy-backs, and merger and acquisition deals.

The Hindu

RBI’s financial literacy quiz for schoolchildren

Reserve Bank of India to organise financial literacy quiz for schoolchildren in the State.

Kiplinger

Women and Money: Three Ways to Plan for the Future as Life Happens

Childcare, divorce and aging parents can all take a toll on a woman’s financial security, but planning ahead, becoming financially literate and staying proactive can help.

Bangkok Post

Teaching kids about money

Anita* is a student at Prathandongrungwittayakarn School in Kanchanaburi who participated in UOB Money 101: Teen Edition -- a financial literacy programme launched by UOB Thailand in collaboration with the Thailand Collaboration for Education (TCFE) in 2021. After completing the six-hour programme, she established a food delivery business targeting teachers…

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