Together, we can make a difference! Your gift will help us continue to bring personal finance and economic education into our children’s lives. Please make a gift today.


Financial Literacy: Benefits for the “Micro” and the “Macro”

By Scott Wolla, Senior Economic Education Specialist, Federal Reserve Bank of St.Louis.

In a general sense, to be “literate” is to have knowledge or skill in a particular field. So literacy in reading, for instance, involves developing the skill of reading. If you are literate in this sense, you can read a novel by Charles Dickens, your local newspaper, or a comic book. But it does not usually involve the student memorizing facts about reading, such as how many books the typical child reads (or should read) in a given year. While those facts might have value, they probably have little value for learners. Read more…

POSTED: April 18, 2013 | BY: admin | TAGS: , , , , , , ,