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ERIC Number: ED524620
Record Type: Non-Journal
Publication Date: 2011
Pages: 16
Abstractor: ERIC
Reference Count: N/A
ISBN: N/A
ISSN: N/A
Promoting Financial Success in the United States: National Strategy for Financial Literacy, 2011
US Financial Literacy and Education Commission
This paper describes a framework developed by the Financial Literacy and Education Commission (FLEC) to provide the foundation for an overarching financial literacy strategy. This framework establishes concrete goals that the non-profit, government, and private sectors can and should work together to increase financial literacy and improve financial decision making by individual Americans and their families as they pursue personal financial objectives. In recognition of the many changes needed to move the nation forward in this regard, the focus in this strategic framework is on (1) the need for increased financial literacy and effective financial decision making and (2) the educational efforts required to achieve those worthy objectives. The framework identifies five action areas--policy, education, practice, research, and coordination. Not every stakeholder will engage in all five, but carrying out the national strategy will require that each find its own balanced blend to ensure effective participation. (Contains 8 footnotes.)
US Financial Literacy and Education Commission. Web site: http://mymoney.gov/
Publication Type: Reports - Descriptive
Education Level: Adult Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: Financial Literacy and Education Commission (FLEC)
Identifiers - Location: United States