Giving kids an early financial education pays off in the future
State of financial education: Many money problems Americans face could have been avoided if financial literacy was taught earlier in school. That knowledge helps create a foundation for students to build strong money habits early and avoid many mistakes that lead to a lifelong of money struggles. This story is part of a series looking at the current financial education landscape in this country
As a child growing up in a Latino community in East Palo Alto, California, “the only thing we knew about money was that it’s always tough being low-income,” said Karina Macias, 26.
Nickel and Dimed: On (Not) Getting By in America
The New York Times bestseller, and one of the most talked about books of the year, Nickel and Dimed has already become a classic of undercover reportage.
Millions of Americans work for poverty-level wages, and one day Barbara Ehrenreich decided to join them. She was inspired in part by the rhetoric surrounding welfare reform, which promised that any job equals a better life. But how can anyone survive, let alone prosper, on $6 to $7 an hour? To find out, Ehrenreich moved from Florida to Maine to Minnesota, taking the cheapest lodgings available and accepting work as a waitress, hotel maid, house cleaner, nursing-home aide, and Wal-Mart salesperson.