In this article, we review the literature on financial literacy, financial education, and consumer financial outcomes. We consider how financial literacy is measured in the current literature and examine how well the existing literature addresses whether financial education improves financial literacy or personal financial outcomes. We discuss the…

In this article we review the literature on financial literacy, financial education, and consumer financial outcomes. We consider how financial literacy is measured in the current literature, and examine how well the existing literature addresses whether financial education improves financial literacy or personal financial outcomes. We discuss the…

As guidelines for residential financing, the authors compare different approaches to understanding and figuring the costs of home ownership: the relation of income to house price and housing costs, interest rate, and mortgage term. Instead of the traditional method, they recommend the time value of money approach. (MF)

This workbook provides information and exercises to help high school students become educated consumers and prepare them for consumer responsibilities in the world of work. It is intended to help them develop an alert consumer outlook by sharpening mathematics and communication skills and helping them make decisions based on a sense of the value…

Designed as a 4-9 week cumulative unit on economics for junior high school classes, this award-winning program introduces students to the economic bases of past, present, and future American lifestyles. Following introductory information on the authors, rationale, and objectives, a suggested 6-week lesson plan is presented designed to help…