In honor of April, which is Financial Literacy Awareness month, we asked each of our employees just what exactly have they learned through Rena-Fi’s materials, or by trial and error in their own lives.
One thing we can all agree on is that none of us were taught about money. We weren’t taught in school, and we weren’t guided at home.
Students and parents agree that college students are not well prepared to deal with the financial challenges that lie ahead. Less than one-quarter of students, or about 24%, and only 20% of parents say students are prepared to deal with the financial challenges that await them in the real world. More than three-quarters of students, about 76%, report that they wish they had more help preparing for their personal finances. (Source: The Hartford Financial Services Group, Inc.)
In honor of what this month means, we compiled our top picks, which just happen to be insanely important for basic financial literacy, into a mini-textbook for you to read through and share with those people in your life.
May you find something here to take away and apply to your own life.