Bernanke Says People Need to Hone Fiinancial Know-How

Bernanke Says People Need to Hone Financial Know-How | KGMB9 News
Written by The Associated Press
April 20, 2009 07:29 AM

WASHINGTON (AP) – Federal Reserve Chairman Ben Bernanke says Americans need to sharpen their financial know-how to help them best use their money, especially during the current economic crisis.

Bernanke’s comments came in brief taped remarks kicking off a conference on financial literacy in Chicago sponsored by the Federal Reserve Bank of Chicago.

The Fed chief says: “As the global economy continues to experience extraordinary turbulence … the need has never been greater for initiatives that help consumers learn to manage their money wisely.”

Bernanke says improving financial knowledge also can help protect people from scam artists.

Bernanke Says People Need to Hone Fiinancial Know-How | KGMB9 News H.

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