Let’s stop the argument that financial education doesn’t work
Let’s stop the argument that financial education doesn’t work
By Billy J. Hensley, president and CEO of the National Endowment for Financial Education
June 13, 2019 |cnbc.com
About this time each year, I expect the predictable articles proclaiming that personal finance education doesn?t work.
Pundits point to poor proficiency in financial literacy ?tests,? and programs that show minimal change in consumer?s behaviors to support their position. They assert this education is useless, ineffective and a waste of time, and we should stop spending money and effort altogether.
This either/or debate is futile. Let?s get real.
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