What is Financial Literacy? Part 3

Written by Jim Yih

Jim Yih is a Fee Only Advisor, Best Selling Author, and Financial Speaker on wealth, retirement and personal finance. Currently, Jim specializes in putting Financial Education programs into the workplace. For more information you can follow him on Twitter @JimYih or visit his other websites Retire Happy Blog, Group Benefits Online and Advisor Think Box.

3 Responses to What is Financial Literacy? Part 3

  1. It’s good to see the Canadian government is stepping into to help in this area. The Australian government instituted superannuation – a compulsory retirement contribution scheme a decade ago with employers contributing 9% to a workers retirement fund. Although I think they need to increase it to around 15%. They also have a helpful website to help financial literacy – http://www.understandingmoney.gov.au/

  2. I see only one answer to address all questions – Financial subjects must be mandatory in educational system. It is clear that professionals from the financial world should join educational forces. The current teaching personnel is not ready to fulfill the requirements and meet the demand in financial literacy. So, here is one of the opportunities: http://www.VivaTrader.com – this website provides a wide range of training tools for financial education. So join me at VivaTrader.com and get full benefits from this exciting website.

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