Quantitative Financial Literacy: The Signal and the Noise

Today's chapter of our Financial Gerontology saga suggests that financial professionals develop ways to enhance the quantitative financial literacy of our clients. In making important financial estimates and subsequent decisions, consumers need tools to distinguish the signal from the noise. As...

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Bibliographic Details
Published in:Journal of financial service professionals 2013-03, Vol.67 (2), p.24
Main Author: Cutler, Neal E
Format: Article
Language:English
Subjects:
Financial literacy
Financial planners
Professional responsibilities
Online Access:Get full text
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Summary:Today's chapter of our Financial Gerontology saga suggests that financial professionals develop ways to enhance the quantitative financial literacy of our clients. In making important financial estimates and subsequent decisions, consumers need tools to distinguish the signal from the noise. As a financial profession we have an obligation not only to promote financial literacy, but to do so in a way that the public is encouraged to learn. [PUBLICATION ABSTRACT]
ISSN:1537-1816
2381-8875