Tuesday, March 18, 2014

Women in Finance

Newsday is running an op-ed about how to get more women to the top of business.  A key piece of the author's answer?  More financial literacy education.
Finance shouldn't be a foreign language. Beginning in middle school and continuing in high school, girls need to be taught basic financial concepts. They need to learn about interest rates, credit scores, fixed income, discretionary costs and other economic realities such as compound interest, tax-deferments, insurance copays, deductible expenses and so on. If nothing else, it will help them choose a health care plan.