Why financial literacy is the civil rights issue of this generation [Video]

In the evolving tapestry of America’s history, few threads are as significant, and as overlooked, as that of financial literacy. Financial literacy is arguably the least expensive and most effective tool for community economic development in existence today. Other than a job or a basic means of creating income, it is the greatest tool for personal economic uplift available to every individual on the planet desiring greater self-determination.

Economic growth provides jobs, increases wages, and leads to a higher standard of living for its citizens. However, the engine for economic growth is not simply having more businesses or more products. It is the increased participation of people within the economy. The more people are involved in economic activities, such as earning, spending, saving, and investing, the more robust the economy becomes.

As I say repeatedly in media and speeches here and around the world, it is the first thing that …