Survey: Lack of Financial Literacy Growing Up Means Lower Incomes, Less Savings

www.thepennyhoarder.com/smart-money/financial-literacy/

We aren’t talking about money growing up and it’s a systemic problem. When I was in college and financially independent, I racked up literally all of my student loans the first two years because I thought I was supposed to use all of the loan money they gave me. The last two years I didn’t take out one loan after I realized how wrong I was. But I’m still paying for that mistake.

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Kind of makes me mad to think something as simple as a personal finance course in high school or early college could have literally saved me thousands of dollars.

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