US Programs Expand Financial Literacy Education

Financial literacy education is being promoted through practical lessons and community programs, as many Americans say they lack confidence in their personal-finance knowledge. Experts recommend learning from reliable sources, understanding one’s own attitudes toward saving, debt and investment risk, and seeking qualified professional guidance. In Oklahoma, Junior Achievement offers students hands-on simulations involving housing, transportation and everyday expenses, as part of financial-literacy instruction tied to state graduation requirements. Other educators are helping high school students prepare for college and open Roth IRAs, while Towson University student Summer Stenhouse founded She Hustlers to help people of different ages discuss money, opportunity and financial well-being.