‘I’ve become best friends with my debit card,’ said Mr. Karaman, who plays on the U.N.L.V. hockey team. After taking personal finance, he now pays as he goes.
‘We have to manage our own money,’ Dr. Lusardi said, emphasizing that it’s too complex to rely solely on common sense and rules of thumb.
The need for financial education is imperative. J. Daniel Chi stated, ‘There really is a need among all students, and society as a whole, to learn more about personal finance.’
Annamaria Lusardi argued that today’s workers face more responsibility for their savings than in the past, requiring thorough financial knowledge.
#personal-finance #financial-literacy #education-initiatives #student-empowerment #economic-responsibility
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