Economic Educator

The Council for Economic Education (CEE) released its seventh Survey of the States: Economic and Personal Finance Education in Our Nation's Schools. The biennial report highlights the importance of economics and personal finance education by documenting its status in the United States. The report shows that while there has been progress since the first survey, over the past two years the trend has slowed, and in some cases moved backward.

Schools need to make a bigger investment in teaching students the money management skills they need to navigate today’s complex world, says the chairman of the Edmonton public school board. Dave Colburn is pushing for changes in Edmonton Public Schools to boost financial literacy training, an idea school trustees will discuss at a board meeting Tuesday.

State Bank of Pakistan (SBP) has initiated a Nationwide Financial Literacy Program (NFLP) with an endowment from Asian Development Bank with a focus to impart knowledge and understanding of basic financial concepts, products and services to low-income Pakistanis in order to enable better economic decisions.

A recent study explored the relationship between financial problems and productivity of employees and the mediation effect of financial wellbeing. An increase in the cost of living without an increase in income requires consumers to manage their financial resources effectively. Unplanned spending may lead to financial problems and financial distress that can influence personal and workplace performance and productivity. The declining financial health of employees has serious bottom line implications for Employers.