financial education
Coverage of financial education in the Nexus archive.
- Britain is failing on financial education: I'm 15 and my generation isn't being set up to succeed
A 15-year-old criticizes Britain's failure in financial education, arguing that their generation is not being prepared for success. The article highlights concerns about inadequate financial literacy among young people.
- JPMorgan Chase plans to expand Community Center program, doubling branches in low-income areas
JPMorgan Chase plans to expand its Community Center program by doubling the number of branches in low-income areas and hiring 150 additional community managers. These centers provide free financial education workshops and aim to reach 5 million attendees, aligning with the bank's compliance with the Community Reinvestment Act and its goal of increasing access to banking services.
- Edward Jones advisor: Gen-Z doesn’t want an office happy hour. They want financial security
Gen Z prioritizes financial security over traditional workplace social events, showing proactive behavior like tracking expenses and valuing 401(k)s as status symbols. Despite efforts, many feel financially insecure, with low participation in workplace retirement plans. Employers can help by simplifying enrollment, automating savings, and providing financial education to build confidence and retention.
- Should all under 18s be taught about the power of investing? NatWest brings classes to youth clubs to boost financial education
NatWest is introducing financial education classes for under 18s in youth clubs to teach the importance of investing and improve financial literacy among young people.