financial literacy

American Dream Accounts Act: New Bill Proposes $25K For Every US High School Graduate Via Social Security Investment

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American Dream Accounts Act: New Bill Proposes K For Every US High School Graduate Via Social Security Investment

US Representative Dean Phillips, serving the 3rd congressional district of Minnesota, floated a new bill under the Social Security program that would offer approximately $25,000 to all US citizens when they graduate from high school or receive their GED certificates. Those with disabilities could be exempt from the high school diploma or GED requirement. Investment … Read more

Financial Literacy in the NEP: A call for curriculum reform for today’s students

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Financial Literacy in the NEP: A call for curriculum reform for today’s students

Most education today, and this is true at all levels, focuses on giving learners skills and competencies that will at some stage in their lives make them employable. The purpose is obvious: employable people get jobs and earn money for themselves and their families. The end goal is on creating the ability to earn money, … Read more

MyFi has launched AI assistant for wealth creation | India News

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MyFi has launched AI assistant for wealth creation | India News

BENGALURU: Wealthtech platform MyFi, a subsidiary of TIFIN, has launched a conversational AI assistant for long-term wealth creation. MyFi leverages research-driven, fact-based investment intelligence and AI models to generate personalized investment guidance based on the user’s investment portfolio. MyFi is registered with SEBI as a Registered Investment Advisor (RIA) and operates in strict accordance with … Read more

Daughter Receives $20K From Parents To Pay For Her Wedding, Uses It For A House Down Payment Instead

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Daughter Receives K From Parents To Pay For Her Wedding, Uses It For A House Down Payment Instead

Mike and his wife were keen to support their daughter’s wedding plans. To avoid the usual disputes over marriage preparations, they found a simple solution—giving their daughter $20,000 so she could organise the wedding as she pleased. Mike had estimated in 2015 that wedding costs in the Kansas City, Missouri area would be between $15,000 … Read more

Bridging the math gap: 5 reasons why financial literacy should be imparted from an early age

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Bridging the math gap: 5 reasons why financial literacy should be imparted from an early age

Math anxiety, a pervasive issue that deters students from engaging in numerical problem-solving, poses a significant challenge to fostering financial literacy from an early age. In today’s fast-paced world, it is essential to shift toward supportive and engaging math education that demystifies concepts that create fear, thereby paving the way for financial literacy and informed … Read more