What's New at PA Forward®
Picture: Rob Lesher, PA Forward® Program Manager, Kit , Kit Kuchinski, Eastern Monroe Public Library, and Jennifer Luksa, 2025-2026 PA […]
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Autumn Karns, Benson Memorial Library, Rick Miller, Osterhaut Memorial Library, Karla Trout, 2025 PaLA President, Mary Jordan, Hazleton Public Library, […]
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https://www.palibraries.org/pa-forward/
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PITTSBURGH, Pa. – Auditor General Timothy L. DeFoor today highlighted Carnegie Library of Pittsburgh’s efforts to provide financial literacy education […]
Read MoreFinancial Literacy
How is financial literacy defined?
Having the knowledge and understanding necessary to make informed fiscal/economic decisions for personal life planning and business interests including responsible budgeting, spending and saving skills.
Good readers generally have more financially rewarding jobs. Proficient readers are 2.5 times as likely as basic readers to be earning $850 or more a week.
Good readers generally have more financially rewarding jobs. Proficient readers are 2.5 times as likely as basic readers to be earning $850 or more a week.
Right now, about three-quarters of the fastest growing occupations require more than a high-school diploma, and yet just over half of the U.S. citizens have that level of education.
Employers rank reading and writing as top deficiencies in new hires. Thirty-eight percent of employers find high school graduates "deficient" in reading comprehension, while 63% rate this skill "very important."
38% of basic readers said their reading level limited their job prospects.
More than one in six U.S. students do not reach the baseline level of proficiency in financial literacy.
45% of U.S. adults give themselves a grade of C,D or F on their personal finance knowledge.