Being financially illiterate can lead to financial disaster, as it increases the likelihood of accumulating unsustainable debt burdens due to poor spending decisions or a lack of long-term planning.

The financial educators council says that on average, americans lost an average of $1,500 last year due to financial illiteracy. That could be because of credit card interest and fees, overspending, ...

EVERETT — High school senior Melanie Gomez has big plans after she graduates, including applying for a credit card. Gomez, 17, cemented her decision after a local banker visited her class at Mariner ...

In an increasingly complex financial world of buy-now-pay-later schemes, scams, and social media marketing, there are renewed calls for financial literacy to become a mandatory part of the school ...

Principal Brendan Simon expected to teach three classes with 20-30 students. But he extended it to 12 classes to accommodate over 150 sign-ups.

A recent report highlighted the poor levels of financial literacy among American teens, but are states doing enough to ensure that the next generation have the money skills they are going to need? Not ...

Student loans. Credit cards. Buy now, pay later. Traditional IRAs, Roth IRAs, and 401(k)s. Fixed-and adjustable-rate mortgages. This list scratches the surface of complex financial decisions and ...

Yet, even after some financial belt-tightening and evidently learning to live with less during the pandemic, many Americans may be less equipped to deal with their finances than a year ago, according ...

Banking fundamentals have not changed much in 100 years, but how savers interact with financial institutions is vital ...

When the people shaping our culture don’t understand the business structures around their work, we all lose — not just economically, but culturally.

The ripple effects of the COVID-19 pandemic showed how fragile economies can be and gave millions of people the impression that their financial well-being may not be as controllable as they imagined ...