3 Financial Literacy Statistics That Need to Change in 2021
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CLEARWATER, Fla., March 12, 2021 /PRNewswire/ Creating a society in which the average person is not under financial stress begins with financial literacy and an understanding of how one can build wealth. While the year 2020 brought more financial stress for some than others, among the issues highlighted by the COVID-19 pandemic is a declining financial literacy in the general population of the United States.
Here are 3 financial literacy statistics that need to change:
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According to a study done by the Council for Economic Education, only 17% of students were required to take at least one semester of personal finance in high school.
Legislative Roundup: 16 Days Left In 2021 Session ladailypost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ladailypost.com Daily Mail and Mail on Sunday newspapers.
Mar. 4—Remaining days in session: 17 Pandemic relief: Gov. Michelle Lujan Grisham signed a pair of bills into law Wednesday that would provide financial relief from the coronavirus pandemic. Senate Bill 1 would give restaurants, bars and other food and beverage establishments most affected by business restrictions a one-time gross receipts tax holiday for four months, from March to June. The .
Bola Sokunbi Named Recipient of 2021 Financial Education Instructor of the Year Award
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LAS VEGAS, Feb. 17, 2021 /PRNewswire/ Each year the National Financial Educators Council honors an outstanding financial educator with the coveted Financial Education Instructor of the Year Award (FEIY). The 2021 recipient is Bola Sokunbi, whose history of empowering people through financial literacy make her a strong match for the NFEC s award criteria.
The NFEC Financial Education Instructor of the Year Award recognizes a single individual who has made markedly significant contributions to promoting financial wellness over the previous year. The NFEC contends that educators are the single most important influence on participant success, and created this award to recognize distinguished financial education instructors for their contributions.
Dubai: Several teen students in the UAE have proved time and again how they didn’t wait till they graduated from school or college, or even get a well-paying job to start earning money.
Even as students routinely stay up to date on their curriculum-based and predominantly theoretical courses or grades, when it comes to making money practically or on the stock market, there has been a growing trend wherein many are learning the ropes, venturing out – and succeeding.
Revisiting one such success story in Dubai A 14-year-old Indian boy in Dubai turned his savings of around Dh5,000 into about Dh165,000. Aadi Verma, a Year-10 student of Jumeirah English Speaking School in Arabian Ranches, read up on the stock market and dabbled with small amounts at first.