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Is the fear of a financial education widening the wealth gap in America?


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?

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