The question of whether financial literacy is a sham or not was the focus of an interview I did with Jill Schlessinger, CFP, CBS News Analyst. Here’s what she had to say following the interview:

“I have been dubious about the effectiveness of financial literacy as the way to create better outcomes. I rethought that notion after interviewing Susan Beacham a co-founder of Money Savvy Generation, whose mission is to help parents and their children get smarter about money.”
– Jill Schlessinger, Jill on Money