Sensible Perspectives

Financial Literacy and the Educated American

Posted by on April 3, 2013

In mid-March, I attended “Financial Literacy and the Educated American” at The American Academy of Arts and Sciences. It attracted a diverse group of academics, federal and state government officials and interested professionals from business and non-profit organizations.

The US Department of Labor and General Accounting Office, the Federal Reserve Bank of New York, Harvard University, Oxford University, Boston College and George Washington University, Vanguard and Putnam Investments, FINRA and AARP (and, of course, Sensible Financial®!) all sent representatives.

I came across a practical idea that you can apply in your own life. The President’s Advisory Council on Financial Capability has a new website – www.moneyasyougrow.org. The site has specific, simple and powerful ideas for parents or grandparents interested in teaching younger members of their families about money and finance. I think it’s worth a look.

In addition, I identified several themes: