For better or for worse, money pervades the fabric of American life. Money funds our life-résumés, from our most basic needs, to our most extravagant experiences, but it is also theleading cause of divorce, domestic abuse, stress, and low college persistence rates.
Given the considerable influence of money on the American psyche, one may imagine our society would go to great lengths to promote proven financial education strategies. In fact, we do. Millions of dollars are spent each year on financial education programs to educate our populace on the costs and benefits of sound money management. Unfortunately, to date, financial education has been remarkably unsuccessful.
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