It’s a common refrain: School is full of useless (if interesting!) lessons, but we learn next to nothing about how to manage our finances.
Why financial literacy education in the US sucks
Blame the Space Race (kind of).
It’s true that many Americans lack basic financial knowledge, which is a contributing factor to the money challenges — high levels of debt, insufficient savings, poor investment decisions — that a lot of us face. But it’s not necessarily true that we never learned anything. Many of us sat through a few classes on money management. It just may not have been enough to stick.
In this video, we’ll take a brief look at the state of financial education in the US: past, present, and future
You can find this video and all of Vox’s videos on YouTube.
This video is presented by Metro by T-Mobile. Metro has no editorial influence on our videos, but their support makes videos like these possible.
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