#1666: Financial literacy is a good investment for American students

Next Gen Personal Finance, a nonprofit co-founded by Tim Ranzetta and Jessica Endlich, aims to enlighten students on financial literacy, from budgeting to investing.

Currently, about 8 states have guaranteed at least some kind of financial literacy course in their public school curriculum. But Ranzetta sees an opportunity to expand that further, a goal he believes can help be fully realized with the program he has developed.

Further reading
Ranzetta and her organization see the proliferation of personal finance courses in schools on the horizon. And in an April interview with CNBCthe organization’s co-founder said, “When you start seeing Ohio and Florida as states that have already crossed the finish line, it shows other great states that it’s possible.”

He also realized that “attitudes towards money are shaped by your unique experiences.” And to create a program that addresses these individual issues, Next Gen Personal Finance takes into account the wide range of experiences that make up the public school population.

Twenty-six percent of Americans in a 2018 survey answered a question correctly about the correlation of interest rates and bond prices. which points to, ranzetta saida financial literacy problem in the United States

He also has opinions on Gamestop, Robinhood and meme stocks.

Endnotes
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Louis R. Hancock