According to studies compiled by the U.S. Financial Literacy and Education Commission, only one in three adults could answer at least four of five financial literacy questions on fundamental concepts such as mortgages, interest rates, inflation and risk. Now in its 17th year, National Financial Literacy Month is meant to raise awareness about the importance of financial literacy, and also draw attention to the lack of understanding that many American adults still have when it comes to personal finance topics.
The pandemic has further illuminated the need for financial literacy skills, with nearly half of working adults saying the economic consequences of the coronavirus outbreak will make it harder for them to achieve their financial goals.
"Personal finance competencies are critical, especially given the pandemic has exacerbated concerns about money management, savings, emergency funds and retirement for families across the country," said Balraj Kalsi, SVP and General Manager for Online Skills. "At Cengage, we are committed to equipping learners with the skills and competencies needed to advance in their careers and improve their lives. We are happy to do our part in furthering awareness for National Financial Literacy Month, offering learners this free opportunity to strengthen their skills and understanding, and hopefully add to their confidence in planning for their financial future."
Ed2go's online Personal Finance course provides useful, realistic tools to help individuals strengthen their personal finance competencies, including lessons around how to create and use a budget, borrow and invest wisely, make informed decisions about insurance, and plan for their financial future. Through this course, learners will develop a retirement savings plan, prepare to make large purchases, and plan for taxes.
The course, which normally costs students $129, includes 24 hours of course work. Individuals have until April 30 at 5 p.m. PST to enroll, and will have 12 weeks to complete the course modules.
Individuals interested in this free offer will be able to enroll through one of ed2go's 16 academic partners. To learn more and to enroll, visit: https://explore.ed2go.com/financial-literacy-month/
About Cengage
Cengage, a global education technology company serving millions of learners, provides quality digital products and services, equipping students with the skills and competencies needed to advance their careers and improve their lives. We serve the K-12, higher education, professional, library, English language teaching and workforce training markets worldwide. Our industry-leading products and services make education more accessible and affordable, including Cengage Unlimited, the first-of-its-kind all-access digital subscription service. Visit us at www.cengage.com or find us on LinkedIn, Facebook or Twitter.
About ed2go
ed2go, a Cengage company, is the industry leader in affordable online learning for adults. We partner with academic institutions, corporations, nonprofits organization, and workforce development boards to empower individuals to achieve and exceed their goals. Our flagship product is a fully online catalog of non-credit courses that align to local and national workforce demand. In working with ed2go, partners can reach diverse learner groups and offer a flexible, best-in-class option for career advancement.
Media Contact:
Emily Featherston, Cengage
617.757.8035, [email protected]
SOURCE Cengage
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