Being financially illiterate can lead to financial disaster, as it increases the likelihood of accumulating unsustainable debt burdens due to poor spending decisions or a lack of long-term planning.

The financial educators council says that on average, americans lost an average of $1,500 last year due to financial illiteracy. That could be because of credit card interest and fees, overspending, ...

If you know the difference between a ‘Growth’ vs a ‘Conservative’ fund; or between investing in a fund vs individual shares, you probably pride yourself on being financially savvy. Well done! My next ...

I was disappointed to read that the bill requiring financial literacy education in schools failed (“Legislature has its own production of ‘The Holdovers,’” The Herald, March 12). Not every child comes ...