Author: Ron Lewis
Studies indicate that most of young adults struggle to grasp even the most basic financial principles that will allow them to manage money and prepare for their future.
The College Access and Opportunity Act addresses the important need to make higher education more affordable and easier to access for low and middle-income students.
Increased awareness and education could be a great help toward improving spending and saving habits and increasing participation and contribution levels to retirement plans.
Financial literacy is an issue that should command our attention because many Americans are not adequately organizing finances for their education, healthcare and retirement.