The Times interviewed Billfold pal Helaine Olen, Julie Nelson, the chairwoman of the economics department at the University of Massachusetts Boston, Tahira K. Hira, a professor of personal finance and consumer economics at Iowa State University and a few others about how women know more about money than what the financial services industry claims. It's on point.
Financial literacy doesn't prevent people from making poor choices.
Penn State's literacy program says: "The real problem is not the rising cost of education, it is in the lack of financial planning and lack of financial literacy skills of making sound financial decisions." Um, really?
A conversation with financial journalist Helaine Olen about everything that's wrong in the personal finance industrial complex.