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Consumers face challenges in making informed choices and managing their finances effectively. In response, the Atlanta Fed offers an array of economic and financial education programs, including teacher training.
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There are a number of possible explanations for the seemingly irresponsible financial behavior of many Americans. In this paper we argue that an important explanation is simply ignorance: consumers often make poor financial decisions because they do not know how to make good ones. In particular,...
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Few would argue that the time is ripe for financial education in America as financial products and services are growing in diversity and complexity.
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On October 24, 2008, the Oesterreichische Nationalbank (OeNB) held an international workshop entitled “Saving in Austria – Too Little and Too Late?”. The purpose of the event was to devote more attention to an important economic topic which even experts still do not understand sufficiently...
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