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Healthy credit is a key component for processes like mortgages, auto loans and qualifying for a new job. A FICO score, which measures credit, is only a small piece of the credit pie; but it is an important one.
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Most people believe parents should be eaching children about finances - but research suggests that's not happening.
The National Financial Educators Council administers a 30-question financial literacy test to participants 10 and up in all 50 states each year. Kansas teens ages 15 to 18 averaged 59% on the test, slightly lower than the teen national average of 62%.
Financial exploitation of the elderly is a form of abuse that is growing in numbers. An alarming number of people know someone who has been scammed out of money in some way due to age vulnerability.
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