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Financial Inclusion Thought Leadership

TIME Publishes Op-Ed: Financial Literacy Education Could Help Millions of Americans

Financial Literacy for All (FL4A) co-chairs, Operation HOPE Founder, Chairman, and CEO John Hope Bryant and Walmart CEO Doug McMillon co-wrote an op-ed piece for TIME entitled “Financial Literacy Education Could Help Millions of Americans”. The article lays out the case for a private sector push in creating a national framework for embedding financial literacy into the fabric of our society.

Research shows that only about a third of Americans have a working understanding of interest rates, mortgage rates, and financial risk according to the Financial Industry Regulatory Authority. And this measure of financial literacy has fallen 19 percent over the past decade.

The American public is in need of a massive culture shift in regard to financial education and it’s going to take all of us to steer the ship and correct course. The need is so great that we cannot afford to leave it squarely in the hands of the government and public sector to provide a solution. The private sector must get involved and many of them have through the Financial Literacy for All (FL4A) movement.

Financial Literacy for All is an inclusive, business-led movement aimed at helping more Americans reap the benefits that come from making more informed financial decisions. We have collectively made a 10-year commitment to reach millions of youth and working adults, providing them with the necessary tools and life experience to become more confident in making those critical economic choices.

To date, FL4A has had 30 of some of the biggest names in business sign on the movement, signifying their affirmation and belief in our mission and their willingness to lend their talents and expertise in creatively reaching our lofty, yet obtainable goal. Some of these include the National Football League, The Walt Disney Company, Delta Air Lines, and several other leading financial institutions.

Recently, FL4A announced investment services giant Edward Jones as the latest company to join the movement and we’re looking forward to many more commitments in the coming weeks and months.

It’s time to make financial literacy a foundational stepping stone to achieving the American Dream, and we need everyone to be involved.

To learn more about Financial Literacy for All or to join the movement, visit fl4a.org.


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  1. RileyKennedy Kennedy August 20, 2022 5:29 am

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  2. Igor Fernando September 27, 2022 4:19 pm


  3. nick October 16, 2022 8:00 am

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