Financial Literacy The Federal Governments Role In Empowering Americans To Make Sound Financial Choices

Download or read book Financial Literacy: the Federal Government¿s Role in Empowering Americans to Make Sound Financial Choices written by Gene L. Dodaro and published by DIANE Publishing. This book was released on 2011-08 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial literacy plays an important role in helping ensure the financial health and stability of individuals, families, and our broader national economy. Economic changes in recent years have highlighted the need to empower Americans to make informed financial decisions, yet evidence indicates that many U.S. consumers could benefit from a better understanding of financial matters. For ex., recent surveys indicate that many consumers have difficulty with basic financial concepts and do not budget. This testimony discusses: (1) the state of the fed. government's approach to financial literacy; and (2) observations on overall strategies for addressing financial literacy. This is a print on demand report.