Financial education should begin early-Greenspan

UNITED STATES - Consumers should become familiar with the basics of personal finance at a relatively young age, Federal Reserve Chairman Alan Greenspan said on Apr 6 in remarks that did not touch on the U.S. economy or monetary policy.

"In many respects, improving basic financial education at the elementary and secondary school level is essential to providing a foundation for financial literacy that can help prevent younger people from making poor financial decisions that can take years to

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