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Supiano gives us a look at financial literacy programs at universities across the United States. Attracting students to attend the program did not prove difficult, but the problem is, that many sign up, but don't follow through with attending. The program intention is to help students master the basics of budgeting, saving, and not spending beyond their means. College students especially need to understand the implication of irresponsible spending since tuition, fees and housing cost continue to rise. Supiano argues that financial literacy affects student retention, productivity, and mental health. The article also discusses where the responsibility should be for providing financial education. Financial-aid offices aren't equipped to offer an in-depth and broader education in financial literacy but they try. Home continues to be the best place to start the ground work for financial literacy.

Expansion of the internet and market innovation have lead to national economies and the deregulation of banking with a changing economy. In an ever changing economy like the United States individuals must constantly keep updated and improve their level of financial literacy, be aware of changes in personal finances and demography and obtain current knowledge of mortgage lending practices. Financial literacy programs such as first time homebuyer programs, basic financial literacy programs, and savings initiatives have been established through private and public funding to increase the financial literacy of the public. The effectiveness of some of these programs has not been concluded, however, individuals have stated that after completing the programs they felt much more confident in making investments.

Thaler discusses the "financial literacy crisis" facing most Americans. Today, a record number of Americans are inept when it comes to financial literacy and as a result accumulate large sums of debt and fail to plan for the future. The author explains that Americans get into trouble because current financial systems such as credit cards are not user-friendly. To counter this escalating problem, researchers believe financial programs should be created that provide consumers with basic financial knowledge and assist them in making good choices. Finally, parents must begin teaching financial literacy to their children at a young age and not keep the subject a private matter. Thaler's argument that new financial programs should be created is logical given the current crisis situation he identifies, but he fails to outline a way to do so. Norvilitis, Jill, Michelle Merwin, Timothy Osberg, Patricia Roehling, Paul Young, and Michele Kamas. " Personaility Factors, Money Attitueds, Financial Knowledge, and Credit-Card Debt in College Students." Journal of Applied Social Psychology. 36.6: 1395-1414. Academic Search Complete. EBSCO Roeschh Lib., U of Dayton. 17 March. 2009

Dugas shares that in 2004 Citigroup donated $200 million, in a 10-year program to help encourage financial literacy. With financial literacy at an all time low, and financial products continuing to be increasingly difficult to understand, their efforts were very timely. Citibank shares in the belief that it is part of the financial industries responsibility to help educate people toward financial literacy. Financial illiteracy is growing and the need to slow it down is urgent. The article also talks about Citigroup's effort to partner with organizations such as Operation Hope, giving back to the community. The commitment is a long-term investment in the community, Citigroup further encouraged their employee's to volunteer in their communities, sharing their expertise in finance which will help encourage financial literacy.

In 2007, the Oklahoma Legistalure passed a law called "The Passport to Financial Literacy Act" that requires students, beginning in the 7th grade, to demonstarate "financial proficiency in 14 areas" to acheive a high school diploma. Other schools with the help of the National Endowment Fund for Financial Education have incorporated programs to increase the levels of financial literacy among students. Critics of this program state that these prgrams are not helping the overall financial literacy levels of high school students upon completion. It is not plausable to state that these financial programs are useless, because these programs need to work in correcpendence of parents teaching their children good financial habits within their own homes.

There are ways for students to gain financial literacy and this article is mentions plans for student programs to help do this. The article talks about how some finance classes don't help a students understanding of finances, and mentions to have financial literacy it might have to begin in a person's childhood.

Green, Amy. "Push for financial literacy spreads to schools." Christian Science Monitor 101.70 (09 Mar. 2009): 13-13. Academic Search Complete. EBSCO. Roesch Lib., U. of Dayton, Dayton, OH. 14 Mar. 2009. http://search.ebscohost.com/login.aspx?direct=true&db=a9h&AN=36874111&site=ehost-live>.

Green shares the story of Roy Kobert and John Ninfo a bankruptcy attorney and bankruptcy judge who both volunteer their time teaching kids the importance of financial literacy. With the economy plummeting out of control both men have decided to be advocates for teaching financial literacy to children and young adults. Both men have seen the devastating effect that financial literacy ignorance has caused on the economy and individuals. They fear that if creditors can lure the youth into debt, our countries youth future is in jeopardy. Their goal is to stop the madness before it starts through education intervention. The article also talks about several different programs promoting financial literacy that have been implemented in different states across the country.

In "Using A Financial Education Curriculum For Teens" the authors explore the implementation of a financial literacy curriculum in schools. The program called "Money Talks: Should I be Listening?" is an appealing way to help educate teenagers in financial literacy. This article also has extensive research from a company called Jump$tart that proves the effectiveness of the program and financial literacy curriculum.

Green shares the story of Roy Kobert and John Ninfo a bankruptcy attorney and bankruptcy judge who both volunteer their time teaching kids the importance of financial literacy. With the economy plummeting out of control both men have decided to be advocates for teaching financial literacy to children and young adults. Both men have seen the devastating effect that financial literacy ignorance has caused on the economy and individuals. They fear that if creditors can lure the youth into debt, our countries youth future is in jeopardy. Their goal is to stop the madness before it starts through education intervention. The article also talks about several different programs promoting financial literacy that have been implemented in different states across the country.

An increasingly complex and challenging financial world is facing our nation's youth. Elizabeth Johnson takes a look at the disadvantages that our lower income youth have in regards to financial knowledge and access to learning. Though there has been a rising awareness of the importance of financial literacy among the youth, there needs to be an equal interest in our disadvantaged youth and the access that they are given to improve their financial literacy. The paper addresses building financial capability through learning by doing. It also shares several innovative ideas such as having youth-ran school banking programs. In addition it talks about the successes of Junior Achievement programs addressing economic concepts.

This is an article that describes a financial literacy program in Queensland. The company Ethical Investor has created a play to help educate students on financial literacy. In the play students learn through the main character that is successful because of his financial literacy.

Synder outlines an initiative by CPAs around the country to promote financial literacy and improve Americans' wellbeing. Examples of the programs include a one-day workshop for high school seniors to discuss subjects such as credit cards, owning a home and buying a car. The goal is to bring real world applications to teach students about financial literacy. The programs also aim to help military personnel and their families when a parent is deployed, or a unique situation arises that impacts their finances. The author effectively demonstrates how CPAs across the country are taking action to aid in the development of healthy financial habits. Unfortunately, there is no information regarding the effectiveness of these programs and more information is needed.

The authors report on the results of a telephone survey of 1,001 employees of seven large corporations conducted for the Business Roundtable as part of its public policy program. A set of 20 questions keyed to the Voluntary National Content Standards in Economics was embedded in the survey. A measure of economic literacy was constructed from the survey results. Greater economic literacy was associated with more overall education, more college economics coursework, high incomes, and being male. An examination of individual test questions revealed that previous college economics had substantial effects on employees' current economic literacy. (Abstract from JSTOR.) This journal, The Journal of Economic Education, may be worth checking out for those studying financial literacy.

The article suggests planning financial literacy programs for students. Furthermore, the author shares with the reader that that there are laws in Oklahoma, Colorado, and other states requiring high school students to show financial literacy in order to graduate. In addition the article shares that Capital One has created branch banks operated by students at several schools as well as the National Endowment for financial education has created a personal finance curriculum that can be integrated into regular school curriculum. Research suggests that personal finance courses have not improved student financial literacy. Lewis Mandell suggest that students should be taught about finance and savings at an earlier age than high school.

Palmer, Kimberly. "The Best Inheritance of All." U.S. News & World Report 144.18 (2008), 70-70. Academic Search Complete. EBSCO. Roesch Lib., U. of Dayton, Dayton, OH. 14 Mar. 2009.

Palmer discusses the positive impact that her mother's financial advise made on her life. In addition the article also references a study that suggests that Parents that teach their kids about the positive impact that money management can have on their lives can help them made better informed decisions as adults. Many parents lack the knowledge of financial literacy themselves and therefore their children grow up knowing very little about the importance financial literacy. The lack of financial literacy knowledge among the youth has caused unease and has inspired new programs designed to help parents teach their children.

Palmer discusses the positive impact that her mother's financial advise made on her life. In addition the article also references a study that suggests that Parents that teach their kids about the positive impact that money management can have on their lives can help them made better informed decisions as adults. Many parents lack the knowledge of financial literacy themselves and therefore their children grow up knowing very little about the importance financial literacy. The lack of financial literacy knowledge among the youth has caused unease and has inspired new programs designed to help parents teach their children.

This article focuses on the implementation of early financial programs for young children. Financial literacy is a skill which all individuals will need throughout their life. Studies have found that individuals who received financial education in high school reported an increase up to 1.5% in their assets when compared to individuals who did not receive any education. While adding these course is certainly beneficial there are still a number of challenges. There is a cost to create such programs and some school districts are already facing budget problems.

The article discusses financial-literacy programs at universities and colleges in the United States. Programs like Texas Tech University's help its students master the basics of budgeting, saving, and not buying what they can't afford. These programs are especially important as colleges grapple with rising costs and an economic downturn in the country. The author states that financial literacy affects student retention, productivity, and mental health, and may also generate good will in a time when colleges are being criticized for repeatedly raising tuition, fees, and housing costs. (From the EBSCO abstract.)

The article focuses on the problem of college debt and knowledge about financial terms. It also goes into discussion of what some universities are doing to help this problem by offering classes/seminars. Valuable article.

In this article the author goes over a program set in place by Nationwide in Great Britain to help promote financial literacy in schools. One ways that they do this is release copies of the book Teenage Guide to Money to schools. Mutual One is also another company that is trying to help out the cause. One of their ideas is to let schools use MP4 players and podcasts that teach financial literacy.

A major problem with the ever growing population of the elderly is their children's financial literacy. It is important that the children of aging parents are proactive and get involved with their parents financial matters. Children need to be aware of the government funded programs as well as the financial strategies that their parents can qualify for based upon their age. There are often outside factors that contribute to complications of sorting out financial documents and dollar figures and children of the aging need to be aware of these issues as well as the help that is available to them.

A major problem with the ever growing population of the elderly is their children's financial literacy. It is important that the children of aging parents are proactive and get involved with their parents financial matters. Children need to be aware of the government funded programs as well as the financial strategies that their parents can qualify for based upon their age. There are often outside factors that contribute to complications of sorting out financial documents and dollar figures and children of the aging need to be aware of these issues as well as the help that is available to them.