I met a very intelligent man young man today with a Bachelors Degree in Finance. Yet knew very little about how to manage money, about buying a car, renting an apartment or how to buy health ins. Why are we not teaching kids about money? #fail#debtfree#kidsandmoney#money
According to research by Forbes magazine, only 18% of Americans know they are on track to reach their income goal in retirement, and the national average savings rate is only about 4%. The reason can be linked directly to struggles with basic money management.