Survey finds older educators are more apprehensive about financial literacy but millennial teachers seem more ready to talk about money in the classroomAmericans are under-educated and uncomfortable about the dangers of managing their own finances, a new survey has found, even as inequality takes center stage in a presidential election and the stakes mount higher for young people.The alarmingly wide wealth gap in the United States has no simple fix, but knowing the difference between a stock and a bond, whether a mortgage is a good deal or toxic, and the calculus of repaying a loan are small, significant steps toward bringing 90% of Americans closer to their wealthy fellows. Continue reading…
Source : theguardian.com
Read more…Is the fear of a financial education widening the wealth gap in America?