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Financial education: what is it and what makes it so important?

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Author Info
Virginia Hopley
Abstract

Financial literacy is essential. By enabling people to make sound, knowledgeable decisions, it increases their prosperity and that of their communities. The Community Affairs Department at the Federal Reserve Bank of Cleveland surveyed financial institutions and community economic development organizations in the Fourth Federal Reserve District to find out how they design, deliver, and evaluate their financial education programs-and which methods have been most successful. This report shares the results of that survey.

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File URL: http://www.clevelandfed.org/CommAffairs/CR_Reports/CRreport.pdf
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Publisher Info
Article provided by Federal Reserve Bank of Cleveland in its journal Community Reinvestment Report.

Volume (Year): (2003)
Issue (Month): Spr ()
Pages:
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Handle: RePEc:fip:fedccr:y:2003:i:spr

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Postal: 1455 East 6th St., Cleveland OH 44114
Phone: 216.579.2000
Web page: http://www.clevelandfed.org/
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Related research
Keywords: Financial literacy;

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This page was last updated on 2009-12-5.


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