---

We help Young ones to grow

It’s no secret that a lack of financial education and knowledge can contribute to people’s financial problems. The National Financial Educators Council (NFEC) conducted a survey asking American adults to estimate how much money they had lost during the year due to a lack of financial knowledge. The single-question survey asked U.S. residents across the country, “During the past year (2019), about how much money do you think you lost because you lacked knowledge about personal finances?” A total of 2,506 people responded to the survey between December 31st, 2019, and January 3rd, 2020. Six different age groups across the U.S. were represented among those surveyed. Among this diverse group of respondents, the estimated average amount of money that the lack of knowledge about personal finances cost people was $1,279 in 2019. If we generalize the above results to represent all of the approximately 240 million adults who live in the U.S., our estimate tells us that, in 2019, lack of financial literacy cost Americans a total of more than $307 billion.

To allow young individuals to avoid the unfortunate loss that accompanies lack of financial education will require more than the pity they are offered, and we have thus come to empower young people through financial literacy and all-round financial services. We are dedicated to creating a world where young people are informed to make qualified financial decisions that improve their lives. To accomplish this mission, we have developed our financial literacy services philosophy based on overall strategies identified through extensive research of best practices that have been reviewed by our advisory board and tested over the last decade. This proactive framework will guide our nationwide financial literacy promotion.