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Young adults are socially connected by various media and causes, more so today than in generations past. They are inquisitive, adventurous and perplexed at our economy and corporate institutions such as large banks. They want educations, jobs and to be heard on issues affecting their lives.

At the same time, young adults have to deal with large amounts of education debt and the difficulties of budgeting their cashflows amongst competing objectives. Remember they did not get financial training in schools at a young age which used to be delivered by banks and credit unions alike. The further we get removed from that era the more financial generational problems will exist and compound. Some organization such as CUNA (Credit Union National Association) in the USA are heavy into the financial literacy topic for youth and young adults directly and through their partnership with the Balance Corporation. What is your organization doing to help people and communities improve their understanding of financial affairs and the value of financial institutions? Isn't it time to be more proactive?

The challenges that young adults face are complex and concerning for all of us who are interested in theirs, and hence our futures. Wall Street marches in various manifestations will not go away until the root causes are properly dealt with by all concerned. The economic and political turmoil today should create a new awaking and desire to help young people build a brighter future!

Pat Palmer | Monday, October 31, 2011 | Comments (0) | Trackbacks (0) | Permalink

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