Financial literacy classes could also help level the playing field. “I believe students should be required to learn about budgeting, loans, prepare a simple tax return, basic insurance, retirement planning and investing principles,” says Echo Huang, CFA, Founder and President of Echo Wealth Management. She encourages people to work with local lawmakers to put these measures in place.

This is an excerpt from an article written by Samantha Kostarason thesimpledollar.com on June 15, 2020. Please click here to read the full original article.