Exploring Financial Literacy Challenges in America

The video discusses the financial literacy crisis in the US, highlighting the lack of formal financial education in schools and the predatory practices of the financial industry. It compares the US with Scandinavian countries, where financial education is integrated from an early age. The video encourages viewers to advocate for better financial education and offers resources for self-education. It concludes with an announcement about starting a Patreon to support the channel's mission.

What ranking did the U.S. achieve in the 2015 S&P Global Financial Literacy Survey?

• 10th

• 14th

• 25th

• 1st

What percentage of U.S. households do not maintain a budget?

• 70%

• 60%

• 50%

• 40%

How many states require a semester-long course focused solely on personal finance?

• Eight

• Three

• Ten

• Five

What is the ratio of spending on marketing versus consumer education by the financial industry?

• 25 to 1

• 10 to 1

• 5 to 1

• 15 to 1

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Which country is noted for its cultural tradition of saving and strong financial regulatory authority?

• Canada

• Germany

• USA

• Sweden

What is a common reason cited for not including financial education in schools?

• Not deemed necessary

• Lack of resources

• It's the parents' job

• Too complex

What positive effect does owning a bank account have on teenagers?

• Better social skills

• Higher financial literacy scores

• Enhanced physical health

• Improved academic performance

What week do libraries across the country dedicate to financial education topics?

• Credit Savvy Week

• Budgeting Basics Week

• Finance Focus Week

• Money Smart Week

What is the main reason the creators partnered with PBS for their financial education content?

• To avoid for-profit agendas

• Higher viewership

• Better production quality

• Increased funding

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What special offer is provided to those who join the Patreon in the next two weeks?

• A special budget template

• A personalized finance book

• A one-on-one consultation

• Exclusive video content