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How to Educate Next Generation of Entrepreneurs? Start by Reviving Financial Literacy

For better or for worse, money pervades the fabric of American life. Money funds our life-résumés, from our most basic needs, to our most...


For better or for worse, money pervades the fabric of American life. Money funds our life-résumés, from our most basic needs, to our most extravagant experiences, but it is also the leading cause of divorce, domestic abuse, stress, and low college persistence rates.

Given the considerable influence of money on the American psyche, one may imagine our society would go to great lengths to promote proven financial education strategies. In fact, we do. Millions of dollars are spent each year on financial education programs to educate our populace on the costs and benefits of sound money management. Unfortunately, to date, financial education has been remarkably unsuccessful.

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Think Like a Quarterback, Not Like a General Manager

You can't always make the right decision—which means sometimes you've got to make the same decision twice: That didn't work. Walk away or double down?

Business is all about making decisions. How should we spend money? How should we deploy employees? Which items are priorities for this year, month, week and hour?

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In the Red and Got the Blues: Debt Fuels Depression

It turns out that short-term debt can increase depressive symptoms. Makes sense, doesn't it?

Here's a study whose findings we've all seen in action, but maybe never identified: debt can be depressing. Literally. Here's this, from Boston College's Financial Security Project:

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Financial Fitness Task 7: Get Your Paperwork in Order #30DaysofGOOD

If you're like us, you've been putting this one off for a while. Now's the time. Paperwork, be gone!

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