Family thriving depends on thrift, so in that spirit I want to wish you a Happy Thrift Week. To learn more, see the website of our Center for Thrift and Generosity, NewThrift.org.
And, read Center director Andrew Kline’s piece in today’s Philadelphia Inquirer:
…Thrift should be part of the debate about the future of the American middle class. To that end, as part of this year’s Thrift Week celebration in Philadelphia, Andrew Hill of the Philadelphia Federal Reserve will present important new research on teaching financial literacy in area high schools. Hill will gather with educators at the Historical Society on Saturday to address the challenges of personal financial education. At a luncheon open to the public, they will explore how research on financial education illuminates the understanding of thrift as a cultural movement and value.
The hometown of Ben Franklin is an ideal place to test the kite of financial education in the thunderstorm of financial decision-making. We owe our children a lesson on thrift and the wisdom it takes to thrive.