Despite personal finance being an essential part of daily life, financial literacy is dangerously under-taught.
In the 2016 National Financial Capability Study, FINRA found that slightly less than a third of respondents (31%) report having been offered financial education at a school, college, or workplace, and only 21% say they participated. Even for the most educated, financial risk is very real and mistakes happen every day. It is our responsibility, as professionals in the financial advisory industry, to help close this gap and promote broader and deeper financial knowledge.
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