WASHINGTON (7/2/15)--A report released late Tuesday by the President’s Advisory Council outlines a number of tips young Americans can use to increase their financial capabilities.
In addition, the 68-page report examines ways that access to financial services can be improved for underbanked consumers and ways technology can be used to fill those gaps.
"All American children must be equipped with the knowledge and skills necessary to make smart decisions about their finances," the report reads. "This is a basic right that must be integrated throughout children’s Pre K-12 learning experience to assure that all youth in America have the tools necessary to make sound financial decisions that will allow them to pursue their dreams."
Recommendations in the report include: