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« Republicans Raise Money w/ Dated Unemployment Numbers | Main | Stimulus Dollars at Work in Kansas to Prevent Healthcare Associated Infections »


Financial Literacy: A Cornerstone to Asking Tough Questions

By Will Corsair
September 18, 2009

Much has been written about the abysmal lack of financial literacy in the U.S. The commonly accepted wisdom is that "finlit," as it's become known, is not being taught to any real degree in our public education system. The lack of financial understanding, and the resulting poor decisions that people make, help keep millions of people in sorry financial shape. And this lack of understanding makes them ready targets for predatory lenders, payday loan operations, lottery outlets, and many other unsavory practices.

Fortunately, there are some innovative attempts at trying to remedy this situation. One unique concept is a series of podcasts called, "Talking Financial Literacy Podcast." The material is aimed at teachers in elementary and secondary schools who need content and tools to begin teaching finlit in an engaging but rigorous way. The two podcast producers, Dr. Kathy King and Mark Gura, are associated with Fordam University's Graduate School of Education and offer a terrific blend of expertise for this project.

When people have a stronger command of finlit concepts and language, then they'll be in a much better position to ask tough questions and demand thoughtful answers. In the process, it can be another step in answering the "What's the Matter with Kansas?" questions, wherein people routinely accept situations that are diametrically opposed to their financial well being. And, once people ask tough financial questions, it's only a short step to asking tough social justice questions. More here: www.talkingfinlit.org.


Comments (1)

Pamela Jean Author Profile Page:

Will, welcome to EverydayCitizen.com! You are such a great addition to our community.

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