56%. The percentage of Americans with basic financial literacy knowledge. Denmark, a country with far fewer resources than the US, boasts a 71% financial literacy rate!
But what has America done to bridge this gap? Next to nothing. Financial literacy is an important life skill; it helps us manage money better. Poor financial decision-making equals a lack of success.
In America, only 25 states require high-school students to take financial/economic courses. With the world becoming more and more dependent on finance, it is only a matter of time before it dominates the job market. When we first came across this problem, we knew that we had to do something about it.
Here’s where the FINANCE4SCHOLARS organization comes into play – with unique partnerships and opportunities, FINANCE4SCHOLARS strives to provide each and every user a basic foundation and ignite a passion for finance, now and for the foreseeable future. We are partnered with 40+ schools and have impacted hundreds of individuals thus far.
About Rishab Siddamshetty
Hello! My name is Rishab and I’m the Founder/CEO of Finance4Scholars. I am currently a senior at St. Mark’s School of Texas, and I reside in Dallas, TX. I created Finance4Scholars with the mindset that each and every person should have some basis for financial education. With the limited financial educational opportunities in the world for students, I knew that it was my duty to find this organization. With unique partnerships and opportunities, Finance4Scholars strives to bridge America’s financial literacy gap!