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The 2020 annual study by the TIAA Institute and the Global Financial Literacy Excellence Center reveals that Americans continue to receive a “failing grade” in financial literacy. According to this timely article from CNBC editor Eric Rosenbaum, the survey underscores the need for greater financial education, starting at a young age. As the negative economic effects of the coronavirus pandemic continue to unfold, it’s now become more important than ever that many more Americans acquire proper money management skills.
About the Author
Eric Rosenbaum is an editor at CNBC, specializing in financial and business journalism.
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