Stacy Francis Featured by Forbes on Fixing America’s Money Literacy Problems
By: Francis Financial
August 13, 2021
Francis Financial President and CEO Stacy Francis was invited to share her financial planning expertise with Forbes as a member of the Forbes Finance Council. Her article focused on a two-pronged approach to teaching financial literacy.
First, Francis recommends starting financial education early. Children should be taught the fundamentals at a young age, and receive continuing, age-appropriate education throughout their school careers. “Financial education is ultimately the key to economic success for any individual,” Francis states.
Next, she recommends that the financial industry and its professionals become more involved in adult financial education. People are often uncomfortable or afraid to speak about money and their personal financial situations, so it’s up to financial experts to take the initiative to educate their fellow neighbors, especially around more complex topics such as inflation, financial risk, and mortgage rates.
“By taking action to increase financial education at home and in our communities, we are supporting the closure of the financial education gap,” Francis concludes.