Why Financial Literacy Month Still Isn’t Working

Awareness has its limitations.

A young woman sits in front of a computer in a classroom with another adult student.
(Image credit: Getty Images)

Six years and six Financial Literacy Months ago, I asked a question: “What difference have we made?”

Back then, in 2018, total credit card debt had recently surpassed $870 billion and student loan debt stood at $1.5 trillion. Today, the former stands at $1.13 trillion and the latter has blown past $1.7 trillion.

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The information provided here is not investment, tax or financial advice. You should consult with a licensed professional for advice concerning your specific situation. 

Howard Dvorkin
Chairman and Founder

Howard Dvorkin is a CPA, author of two personal finance books and founder of Debt.com, one of the nation's largest debt solutions companies.