The Kid$Vest Project
Cód:
491_9780998709406
American Youth Financial LiteracyIn the first episode of the successful series, The News Room, news anchor and star, Jeff Daniels, is asked by a fresh-faced college sophomore, “What makes America the greatest country on earth?” His accurate but caustic response gets the anchor some free time off, when he says, “No, America is not still the greatest country in the world, but it could be again.”He points out how our lackluster K-12 educational system compares internationally, especially in math and science, how deficient our healthcare system is in scope and reach, and a myriad of other statements that demonstrate America has lost its global standing as “the greatest country in the world.”This makes for great TV, but the accuracy of his statement should make all Americans uneasy. The fact is, many of our kids are losing their chance to attain the American Dream. They may not have the skills, education, or training necessary to compete for future jobs. Twenty percent don’t graduate from high school, let alone college. There is also an additional skill set that American kids lag their international peers. What is it? Financial literacy—how to budget, save, and invest their way to financial security. Too many of our kids, even those with degrees, have never been taught financial skills or are woefully in debt due to school loans and credit card expenses. Debts they may never be able to pay back.The brutal truth is that the majority of our kids don’t have a clue about financial security or how to obtain it. Even sadder, neither do their parents! Yes, the price of not learning budgeting, saving, and investing techniques at home and in our school system is costing our youth their hope, and their chance at financial freedom.It is not their fault! A kid with modest income and a pile of debt has little or no chance of building a wealth nest-egg for emergencies, home ownership, or retirement savings. Throw in a car loan, a m
Veja mais
