Are We a Nation of Financial Illiterates?

...widespread financial illiteracy. If anything, financial illiteracy in other countries is worse than in the United States. Q: Was there ever a time when financial literacy was better taught in...

Everything You Always Wanted to Know About Money (But Were Afraid to Ask) (Ep. 298)

...this money. Often they come from background where nobody has taught them financial literacy. Financial literacy is, and has been for a couple decades, Annamaria Lusardi’s passion. LUSARDI: We make...

Everything You Always Wanted to Know About Money (But Were Afraid to Ask) (Ep. 298 Rebroadcast)

...this money. Often they come from a background where nobody has taught them financial literacy. Financial literacy is, and has been for a couple decades, Annamaria Lusardi’s passion. LUSARDI: We...

Women + Financial Literacy = Bad News

Annamaria Lusardi has been researching financial literacy for years. She has co-authored a new working paper (abstract; PDF) with Tabea Bucher-Koenen, Rob Alessie, and Maarten van Rooij called “How Financially...

Financial (Il)Literacy Among the Young

We blogged a while back about the sad state of financial literacy in this country. This has been diligently investigated by Annamaria Lusardi and Olivia S. Mitchell, who insert a...

More Depressing News on America's Financial Literacy (or Lack Thereof)

...instrumental variables, we show that these estimates probably underestimate the effects of financial literacy on retirement planning. In sum, around the world, financial literacy is critical to retirement security.  ...

Is Teaching Financial Literacy a Waste of Time?

...second point: while financial literacy is perhaps more complicated than sexual literacy (or maybe not?), there are probably 10 basic concepts that fuel an understanding of nearly everything else to...

One Small Step for Financial Literacy

Annamaria Lusardi, one of the leading academic lights of financial literacy, has begun a new Financial Literacy Center “to develop and test innovative programs to improve financial literacy and promote...