Document Type

Article

Publication Date

12-1-2012

Abstract

This report concerns child financial literacy education in Mississippi. Lack of financial literacy can be viewed as a root cause of many of the problems that individuals and families face in Mississippi, particularly in the state’s poor and rural areas, including the proliferation of both subprime mortgages and payday lending. As this report discusses, one of the best ways to develop financially literate and capable citizens is to educate children in the basics of personal finance. Individuals that lack basic financial knowledge and skills are at a disadvantage in navigating the modern economy and are vulnerable to being taken advantage of by predatory lending practices.

Relational Format

report

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