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Essay

Financial Education

Essay specific features

 

Issue:

English

 

Written by:

Amanda C

 

Date added:

May 6, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

5 / 1240

 

Was viewed:

6192 times

 

Rating of current essay:

 
Essay content:

Many are forced into trying to fix the problem after it is fully developed. More should be done to educate all young people about financial management and debt in order to prevent them from serious and unnecessary debt. Before you let your children swim in deep ocean waters, do you teach them how to swim first or do you let them learn as they go? Many young people leave their homes and go out into the world without basic financial education...
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Should the parents be responsible to steer their child in the right direction? According to the Federal Reserve Bank over 40 % of all U.S. families spend more than they earn. (Source: www.federalreserve.gov) However in an April 1, 2004 Children and Money article, Dara Duguay noted that 58.3 percent young adults are learning their money management skills at home (Jump$tart)...
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