Description
Americans today confront an array of challenges in their efforts to achieve and maintain financial security. Financial literacythe ability to use knowledge and skills to manage financial resources effectively — has thus become increasingly important. Experts have identified the workplace as a potentially effective venue for providing financial education and helping individuals improve their financial decision making. This book discusses the role of the employer in promoting financial literacy; the effectiveness of such efforts; how best to serve low-income and other underserved populations; and the federal government’s role in supporting these efforts. The book also discusses needs and priorities in improving financial literacy; roles and responsibilities of, and collaboration among, the government, nonprofit, and private sectors; lessons learned from federal public health and nutrition literacy initiatives; and the Government Accountability Office’s potential role in addressing financial literacy issues.
