Understanding Money & Financial Literacy

bee

A quote from a (2010) SEC Study, but still relevant today:

Existing Level of Financial Literacy. Studies reviewed by the Library of Congress indicate that U.S. retail investors lack basic financial literacy. The studies demonstrate that investors have a weak grasp of elementary financial concepts and lack critical knowledge of ways to avoid investment fraud. Surveys also demonstrate that certain subgroups, including women, African-Americans, Hispanics, the oldest segment of the elderly population, and those who are poorly, have an even greater lack of investment knowledge than the average general population.

Study:
financial-literacy-study-part1.pdf

From Cullen Roche's website (A series of articles regarding money & financial literacy):
-warning some are links to books in print, others are links to free articles or videos
understanding-money/

here's one link:

catch22

Hi @bee
Thank you for a reminder to those at MFO as to what is readily available for learning; and in most cases without a membership or related. Some folks will grab onto these type of productions.
An add note:

---YouTube contains a lot of money management, investment related topics. The proper search term/words is all that is needed.

---Khan Academy https://www.khanacademy.org/

Take care,
Catch

bee

Great Catch @Catch22, here are some others:

Investopedia Academy:
https://academy.investopedia.com/?aca_ref=header_home_link_1

Boglehead Wiki:
https://bogleheads.org/wiki/Main_Page