Being money wise starts early
by FINANCIAL POST
Students are going back to school in most parts of the country this week and, sadly, one of the things many won't be learning this year is financial education.
"There is growing awareness that we need to do a better job on financial literacy," says Craig Alexander, chief economist with Toronto-Dominion. "It's starting to filter into the school system, but I don't think it's being done on a concerted basis. It's more on an ad-hoc basis."
Mr. Alexander was one of the many who submitted thoughts to the federal task force on financial literacy, which concluded its findings in February.
"They recognized as a country that we need to do better on the education front," says Mr. Alexander, adding it's not a stretch to say financial literacy is a component of the low savings rate and lack of planning for retirement that permeates our society these days. (Read More)
"There is growing awareness that we need to do a better job on financial literacy," says Craig Alexander, chief economist with Toronto-Dominion. "It's starting to filter into the school system, but I don't think it's being done on a concerted basis. It's more on an ad-hoc basis."
Mr. Alexander was one of the many who submitted thoughts to the federal task force on financial literacy, which concluded its findings in February.
"They recognized as a country that we need to do better on the education front," says Mr. Alexander, adding it's not a stretch to say financial literacy is a component of the low savings rate and lack of planning for retirement that permeates our society these days. (Read More)
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