As a mother, author and personal finance expert, it’s been clear to me for a long time that there is a growing need for basic financial literacy instruction for parents and children, especially those in lower income brackets. But it’s even more necessary in this troubled economy. Being educated on fundamental personal finance issues — from how to open a bank account to how to establish a household budget — can make a major impact on both the financial future and overall stability of the entire family.
As a longtime supporter of Literacy Partners, New York City’s only nationally accredited adult literacy program, I’ve seen firsthand the impact of their financial literacy program on individuals, parents and families.
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