It takes a village to ensure financial literacy among youth

You have likely heard the statistics. Most Americans can’t pass a basic financial-literacy quiz, they aren’t saving enough for retirement, and they consider money to be a top source of stress. At the root of this issue is a fundamental truth: We face a shortage of informed decision-making about money management. The lack of education on this topic causes many Americans to make financial mistakes that range from merely frustrating to life-altering.

For those living paycheck to paycheck or struggling to get by, the stakes are especially high. A recent study from Pew Charitable Trusts shows…