{"id":2578,"date":"2010-07-07T05:37:39","date_gmt":"2010-07-07T13:37:39","guid":{"rendered":"http:\/\/hodakvalue.com\/blog\/?p=2578"},"modified":"2010-07-07T05:37:39","modified_gmt":"2010-07-07T13:37:39","slug":"improving-financial-literacy-two-approaches","status":"publish","type":"post","link":"http:\/\/hodakvalue.com\/blog\/improving-financial-literacy-two-approaches\/","title":{"rendered":"Improving financial literacy:  Two approaches"},"content":{"rendered":"<p>The first approach is counting on government to do it from the center, as reported a <a href=\"http:\/\/online.wsj.com\/article\/SB10001424052748703280004575309143171720002.html\">few weeks back<\/a>:<\/p>\n<blockquote><p><em>Don&#8217;t laugh, but Uncle Sam wants to teach you how to manage your  money. <\/em><\/p>\n<p><em>Tucked into the new financial-overhaul bill that Congress  is working to finish is a new Office of Financial Literacy to help  consumers learn about savings, debt and credit scores.<\/em><\/p>\n<p><em>There is an  obvious irony in a debt-laden, budget-challenged government offering  financial education. But there is a deeper problem: While nearly  everyone agrees that Americans of all ages and income levels could be  more financially astute, no one has a good plan for making it happen. <\/em><\/p><\/blockquote>\n<p>(Raising my hand.)\u00a0 Oh, I have a great idea!\u00a0 Choose me!\u00a0 Choose me!<\/p>\n<p>Why not just ask all those government run schools to teach financial literacy alongside reading, writing, and math, and before inorganic chemistry and trigonometry.\u00a0 If a school really wants to go whole hog, they have only to look at <a href=\"http:\/\/online.wsj.com\/article\/SB10001424052748704103904575337012196965360.html\">a great example of what works<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The first approach is counting on government to do it from the center, as reported a few weeks back: Don&#8217;t laugh, but Uncle Sam wants to teach you how to manage your money. Tucked into the new financial-overhaul bill that Congress is working to finish is a new Office of Financial Literacy to help consumers [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,11],"tags":[],"class_list":["post-2578","post","type-post","status-publish","format-standard","hentry","category-economics","category-patterns-without-intention"],"_links":{"self":[{"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/posts\/2578","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/comments?post=2578"}],"version-history":[{"count":1,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/posts\/2578\/revisions"}],"predecessor-version":[{"id":2579,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/posts\/2578\/revisions\/2579"}],"wp:attachment":[{"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/media?parent=2578"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/categories?post=2578"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/tags?post=2578"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}