- About Us
- Guidelines
-
The Author ensures that the research has been conducted responsibly and ethically with adherence to all relevant regulations. read more..
- For Authors
- For Reviewer
- Manuscript Guidelines
- Membership
-
- Journals
- Reprints
- e-Books
- Videos
- Indexing
- Contact Us
COVID-19
- Submissions
Abstract
Psychology and Psychotherapy: Research Study
Financial Literacy is Important
-
Open or CloseAyfer Gurun1* and Geoffrey Booth2
1Clinical Professor of Economics and Finance, USA
2 Distinguished Research Professor, USA
*Corresponding author: Ayfer Gurun, Clinical Professor of Economics and Finance, USA
Submission: January 13, 2020;Published: January 22, 2020
Abstract
Evidence suggests that financial literacy is a major problem in the U.S. Workers appear to be unable to make educated retirement-oriented investment decisions; consumers do not seem to understand the true cost of credit; college students often borrow to finance their education without knowing how they will be able to pay off their indebtedness. Poor financial decisions by individuals not only hurt themselves and their families but also the rest of society as a result of government intervening to help those that have put themselves in a financial bind. Thus, financial ignorance in its broadest sense causes a misallocation of individual and societal resources.
Editor In Chief
.jpg)
Signup for Newsletter
Quick Links
Editorial Board Registrations
Submit your Article
Best Paper of the Volume
Reprints
Refer a Friend
Advertise With UsOur Recent Edition
.jpg)
Top Editors
.jpg)
.bmp)
.jpg)
.png)
.jpg)
.png)
.png)
.png)
Financial Support
Sponsors
Latest e-Books
Latest Video
a Creative Commons Attribution 4.0 International License. Based on a work at www.crimsonpublishers.com.
Best viewed in 
| Above IE 9.0 version