Policy team advocates for financial literacy

According to the Detroit Free Press, Americans have doubled their debt over the past decade to an astounding $2.5 trillion. While this excludes mortgage-related debt, news reports also continue to paint a bleak picture of Michigan’s rising number of home foreclosures.

Many of the current money issues adults in southeast Michigan face stem from lack of financial education as youths. As part of our Agenda for Change work, the United Way’s public policy team has been advocating for a financial literacy component to be included in school curriculums across the state so that more youth learn early on how to save money, avoid debt and build assets.

The effort is already reaping results.

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