n Management Today - Why financial literacy is a complete failure




Extracted from text ... Y Why financial literacy is a complete failure 48 Management Today May 2005 Yes, financial education and training fails! There are a number of reasons why personal financial literacy education and training are failing and will remain a failure. To deal with this issue, however, we must appreciate the present status of empowerment in this area. Personal financial management must be divided into different levels of financial lifeskills education and training. Unfortunately people don't know what the subject looks like and they use parts of it to market their specific products and services - here financial empowerment is in the ..


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