A Quote by Henry Paulson

There's a great lack of financial literacy and understanding in this nation, even among college-educated people. — © Henry Paulson
There's a great lack of financial literacy and understanding in this nation, even among college-educated people.
Marylanders are among the nation's hardest working and most educated people. We have universities and schools that are among the best in the nation.
Fundamentally, the solution to economic insecurity is economic prosperity - an achievable goal. But for anyone who has grown up without financial security, there's a shadow that lies over even those who move towards independence: lack of financial literacy.
Financial literacy is not an end in itself, but a step-by-step process. It begins in childhood and continues throughout a person's life all the way to retirement. Instilling the financial-literacy message in children is especially important, because they will carry it for the rest of their lives. The results of the survey are very encouraging, and we want to do our part to make sure all children develop and strengthen their financial-literacy skills.
In terms of my profession, I'm passionate about financial literacy. I want to live in a financially literate society. I want kids to understand the importance of savings and investing. I want to try to replicate the great savers who came out of the Depression, the best savers the country has ever seen. It's crucial that people understand the importance of financial literacy, because it's actually life saving.
The number one problem in today's generation and economy is the lack of financial literacy.
This is a great nation at terrible risk in a dangerous world, and she has fully exposed this nation and will continue to do so because of her utter incompetence and Hillary Clinton lack of care, lack of attention, lack of concern.
There is a widespread understanding among the people of this nation, and probably among the people of the world, that there is no safety except through the prevention of war.
Without financial literacy, divorce rates soar, families rupture, and women stay with abusive men for financial security. A lack of jobs contributes to riots and illegal activity. Name any situation and it goes back to money. We need to focus on poverty eradication.
New York is a highly educated city. People who are educated generally go to college. People who go to college who are men love college football.
We need the best educated workforce in the world. Hundreds of thousands of bright, young, qualified people who want to go to college or get a higher education are unable to do so, not because they lack the ability but because they lack the money.
High-quality education provided by MOOCs can be a significant factor in opening doors to opportunity—even among the college-educated.
Women's vulnerability around money is hardly exclusive to Africa. Throughout the world, women struggle with financial power. In the West, women's financial literacy is notably lower than men's. That lack of knowledge means that many women slide into poverty when they become widows.
Despite the evidence that we already have too many students in higher education, the hot new idea among the political class is to double down by pushing for 'free college tuition.' The problem with the 'free college' idea is, however, not merely financial. It also reinforces the myth that college is appropriate or even possible for all students.
The Harper Government is committed to ensuring that seniors have the skills they need to make solid financial choices. Seniors today face an increasingly complex financial marketplace, and it will take the combined efforts of public and private sector organizations to help seniors navigate the many financial choices they face. The start of Financial Literacy Month is an excellent opportunity to thank the Canadian Bankers Association and encourage other private sector organizations to take an active role in providing financial literacy support to Canada's seniors.
And I also serve on a caucus that addresses financial literacy for young people in this country. And it is so hypocritical that we want to talk to these kids about how to better manage their money when we are not doing a good job with our Nation's resources.
We don't invest in financial literacy in a meaningful way. We should be teaching elementary school children how to balance a checkbook, how to do basic accounting, why it's important to pay your bills on time. First, education. Begin the learning process as early as possible, in elementary school. Second, encourage and support entrepreneurism. Third, policy. I know it's a priority of the US Treasury to augment financial inclusion and increase financial literacy.
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