Go to:

February 2019
< Jan Mar >
Leaguer Email Subscription

You are not currently subscribed. Click Subscribe below to receive the Leaguer email.

LA Times Article Reveals Mothers Worried Their Children are Financially Unprepared
Tuesday, May 21, 2013 6:25 AM

A recent article written by the Los Angeles Times reveals that almost 50 percent of U.S. mothers believe that their children are not financially prepared to get a job, while one-third of them fear that their children aren’t ready to live on their own. Another 44 percent aren’t confident that their kids can pay for college.

The findings come from a recent study by McGraw-Hill Federal Credit Union, who polled 300 mothers. The study concluded that many mothers are worried that their children do not have enough financial literacy to make well-informed decisions as they grow into adults.

How can local parents prepare their children for the real world? The Texas Credit Union Foundation (TCUF) is dedicated to spreading financial literacy among both children and adults and has developed a variety of programs to help implement this mission, including the NEFE High School Financial Planning Program, financial education grants and scholarships, the Texas Jump$tart Coalition and awards.

To learn more about TCUF’s financial literacy opportunities, please visit