Many young people grow up unprepared to face a world where they are increasingly in charge of their own financial well-being. A June 2015 assessment by the National Endowment for Financial Education, “Overconfident and Underprepared: The Disconnect Between Millennials and Their Money,” noted that this generation is in a “fragile” financial position compounded by their well-publicized educational debt. The report calls for greater access to financial education.
