Financial Literacy For Foster Kids (and for me too)
For all the questions about when algebra is ever going to come in handy, it seems clear that many Americans could be more math savvy in general when it comes to personal finances.
I know I could.
I'm hoping that when I'm done with Algebra II, my 401k portfolio will read like a grade school primer and my monthly bank statements will always be comfortably in the black. I know that algebra may not be exactly the right kind of training for this, but a little more numeracy could not hurt.
A few more math classes could not have hurt all the people who signed on to subprime mortgages or who are trying to understand the front page of their newspaper with its complex explanations of the causes and effects of this recession.
I wrote a story for today's paper about a financial literacy program for teens in foster care. These teens have an especially difficult time taking their first steps into adulthood and financial independence. But they are not alone.
Posted by: CrimsonWife | November 20, 2008 6:46 PM | Report abuse
Posted by: tstahmer | November 20, 2008 8:40 PM | Report abuse
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