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Generations of young people, including the current generation, have endured parental admonitions about how difficult their parents had it when they were young, and how young people just don’t appreciate the value of a dollar or the meaning of a work ethic. But has there actually been a...
Persistent link: https://www.econbiz.de/10010817371
The increasing ease with which Americans can access various forms of credit during the last 20 years has created unanticipated consequences for the financial services industry, consumers themselves, and those practitioners who provide financial education services. Bankruptcy reform, possible...
Persistent link: https://www.econbiz.de/10010817372
Personal economic issues such as credit card debt, home foreclosures, the collapse of the sub-prime lending market, and escalating numbers of personal bankruptcy have focused the nation’s attention on the importance of financial education. As a collective, we know that something is wrong with...
Persistent link: https://www.econbiz.de/10010895796
Personal economic issues such as credit card debt, home foreclosures, the collapse of the sub-prime lending market, and escalating numbers of personal bankruptcy have focused the nation’s attention on the importance of financial education. Networks Financial Institute (NFI) believes that...
Persistent link: https://www.econbiz.de/10010895797
Adult financial illiteracy is a major problem in the US and elsewhere. Financial fraud and poor performance in managing personal finances go hand in hand. The nation’s bankruptcy and home mortgage foreclosure rates rate have continued to climb despite improving employment opportunities, rapid...
Persistent link: https://www.econbiz.de/10010895798