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<strong>Closing</strong> <strong>the</strong> <strong>Wealth</strong> <strong>Gap</strong><br />
<strong>with</strong> <strong>Financial</strong> <strong>Literacy</strong><br />
Being financially literate is essential across<br />
generations, but o<strong>the</strong>rs often neglect it. Whe<strong>the</strong>r<br />
by choice or lack of education, making smart<br />
money decisions is usually something one learns<br />
too late in life. It is reflected in our education<br />
systems as <strong>the</strong> basics of managing one's finances<br />
are absent in today's curriculum.<br />
<br />
It's essential to catch <strong>the</strong> youth early and teach<br />
<strong>the</strong>m financial literacy to help <strong>the</strong>m navigate <strong>the</strong><br />
world and not struggle like generations before.<br />
Older women who retire or are divorced struggle<br />
<strong>with</strong> finances because <strong>the</strong>y don't know how to<br />
navigate <strong>the</strong>m. Many people from ethnic or low<br />
economic backgrounds aren't taught much about<br />
finances past getting a job. It's essential to<br />
understand how to handle finances and not be<br />
taken advantage of by o<strong>the</strong>rs who know how to<br />
navigate <strong>the</strong>m.
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