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Thursday, October 10, 2024

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Hurricane Milton makes landfall near Siesta Key; expected to remain a hurricane as it moves across central FL; Groups file an emergency lawsuit to reopen FL voter registration amid hurricanes; ND wildfires: Heavy damage to cropland; importance of early warnings; Report: 67 PA counties boom for low unemployment, job growth, wage increase.

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President Biden denounces disinformation about federal disaster response. Experts address concerns about how hurricanes impact voting, and activists left and right question VP Harris' stance on meat.

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Hurricane Helene has some rural North Carolina towns worried larger communities might get more attention, mixed feelings about ranked choice voting on the Oregon ballot next month, and New York farmers earn money feeding school kids.

Financial Literacy Requirements Become Law in NV, Free Classes Complement

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Tuesday, September 19, 2023   

A bill passed during Nevada's last legislative session requires Nevada students in public high schools to learn about economics and financial literacy. But a report from the nonprofit, nonpartisan Milken Institute shows many people across the country, young and old, lack the basic knowledge to make smart financial decisions.

Sal Khan, founder of the Khan Academy, said in order to bridge the equity gap around the country, it has partnered with Capital One to offer a free financial education program that is available online.

"Before I even started tutoring my cousins and started Khan Academy, I worked in finance," he said. "I saw the gap that was there, even among folks with professional degrees and college degrees, but we were always looking for a way to resource this and to really get it into the classroom."

Khan added the virtual course allows individuals to learn at their own pace and from wherever they choose. According to the FINRA Foundation, people with higher financial literacy are less likely to have late fees or make only minimum payments on their credit cards.

Kerone Vatel, head of community impact and investment with Capital One, said younger generations across the country are experiencing "angst" when it comes to what she calls "adulting." She added Capital One is excited to join Khan Academy to help people of all ages foster financial wellbeing. Vatel explained there are a lot of things to navigate in today's world, from student debt and credit-card debt to eventually figuring out whether to purchase or rent a home in today's economy.

"So there is a very practical fallout from this," Vatel continued. "We see from research that students who engage in high-quality financial literacy education are twice as likely to save. We know that unexpected things happen in life. Two years ago, I had a major health scare."

The lessons and curriculum, independently developed by Khan Academy, will help people take better control of their finances and let them examine their own spending habits to foster saving over time, Vatel said.


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In Florida, the deadline to register to vote was Monday, and a Florida driver's license or Department of Motor Vehicles ID card was necessary to complete the registration. (Vilkasss/Pixabay)

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