Business & Investments

Dr. Seuss Read Across America Day Prompts GoBankingRates to Tackle Declining Financial Literacy with 2013 Release of the Five Best Personal Finance Books for Kids

Dr. Seuss Read Across America Day

El Segundo, CA (PRWEB) March 02, 2013

LiveScience.com has reported that 32 million Americans can’t read, a problem that prompted the NEA to develop the Dr. Seuss Read Across America Day. GoBankingRates.com recognizes the strong tie between literacy and financial literacy in the U.S., and helps improve both by releasing its list of the top five personal finance books for children on this day.

GoBankingRates.com, a national personal finance site dedicated to helping visitors find the best savings rates and money management resources, found disturbing data about the current state of financial literacy among Americans.

For instance, the Jump$ tart Coalition’s 2012 Making the Case for Financial Literacy report states that two in five U.S. adults graded themselves as a C, D, or F for their knowledge of personal finance, while over 77 million Americans admit they don’t pay all of their bills on time.

GoBankingRates managing editor, Casey Bond, explains, “The purpose of Read Across America is to encourage youngsters to become lifelong readers, but it’s also the perfect opportunity for teaching children about finance through books.” She adds, “We hope to essentially kill two birds with one stone by releasing this list and help develop literate, financially-savvy adults.”

To see the full report, click here.

For questions about this report or to schedule an interview with a GoBankingRates editor, please use the contact information below.

About GoBankingRates.com

GoBankingRates.com is a national website dedicated to connecting readers with the best interest rates on financial services nationwide, as well as informative personal finance content, news and tools. GoBankingRates collects interest rate information from more than 4,000 U.S. banks and credit unions, making it the only online rates aggregator with the ability to provide the most comprehensive and authentic local interest rate information.

Contact:

Jaime Catmull, Director of Public Relations

GoBankingRates.com

JaimeC(@)GoBankingRates(dot)com

Land-line: 310.297.9233 x261

Cell: 424.903.9002

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Sources: LiveScience.com, 14 Percent of U.S. Adults Can’t Read, January 10, 2009.

         JumpStart.org, Making the Case for Financial Literacy, April 2012.

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