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Thursday, April 30, 2015

Financial Literacy and Follow-up

In K@W: Points to an analytical study:

“A one-time financial education program may have little effect, as expected, but the long-term effects of a persistent financial education program can be sizable.” .... 

“It’s very useful, because you can simulate them over their lifetimes and all it takes is a few hours on the computer instead of waiting 80 years,” Mitchell says. .... " 

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