Young adults must improve their financial literacy to better cope with the burgeoning student loan problem

Arlington Heights, IL -- (SBWIRE) -- 06/12/2014 -- On Monday, June 11, President Obama signed an executive order that will help up to five million student loan borrowers, signaling a need to address the $1.2 trillion problem. However, one area that the administration did not address was financial literacy. Improving young adults understanding of financial, credit, and debt management topics will help them better understand and apply for the proper student loan.

According to national surveys, almost half (49 percent) of young adults believe that they do not have proper financial management skills, but recognize the need to take a financial education course and would likely take one if offered. Young adults primarily rely on their parents to teach them about managing their money since many high schools and colleges do not require or offer financial literacy courses. However, often parents do not have the opportunity to teach their children these important life lessons. Consequently, Financial Education of America created Futurebuck, a free web-based financial literacy course that teaches young adults the essentials of financial, credit, and debt management.

"In today's challenging financial environment, financial education has never been so important," said Bob Reotutar, president of Financial Education of America, LLC. "Young adults need a program that can teach them about credit cards, debt, student loans, credit reports, identity theft, retirement, and other similar financial topics. Our program educates young adults on these topics and also teaches practical financial skills that they will use for the rest of their lives."

Futurebuck is made up of ten course video modules that are segmented into 4-7 minute modules and include quizzes at the end of each module to reinforce the course's lessons. In less than three hours, young adults will learn about financial topics, including credit cards, debt, budgets, and student loans. Because the program is online, students can complete the program on their own schedule and at their convenience.

Currently, the program is used by high school and college students, young adults just starting their careers, and even older adults who would like to learn more about financial topics. Access the program free of charge by registering at futurebuck.com/register.

About Financial Education of America, LLC
Financial Education of America, LLC seeks to improve financial literacy in young adults through a nationwide campaign to promote the issue to schools, junior colleges, universities, companies, organizations, and any groups or institutions with young adults. The company created Futurebuck, a comprehensive, online education course that teaches in ten modules the essentials of financial, credit and debt management through a series of short, interactive videos. For more information about Futurebuck or Financial Education of America, please visit www.futurebuck.com.

Media Contact:

Contact: Bob Reotutar
Financial Education of America, LLC
120 Lincoln Lane #2D
Arlington Heights, IL 60004
Tel: (847)312-1101
Email: breo@futurebuck.com
www.futurebuck.com

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Financial Education of America, LLC launches a nationwide campaign to educate young adults about the importance of financial education

Arlington Heights, IL -- (SBWIRE) -- 03/05/2014 -- According to national surveys, almost half (49 percent) of young adults believe that they do not have proper financial management skills, but recognize the need to take a financial education course and would likely take one if offered. Young adults primarily rely on their parents to teach them about managing their money since many high schools and colleges do not require or offer financial literacy courses. Compounding the need for financial education is the fact that college graduates are leaving with large amounts of student loans and are having a difficult time finding full-time, career jobs.

To help resolve this growing problem, Financial Education of America has launched a national campaign to improve financial literacy in all young adults. The company has partnered with several organizations that are dedicated to helping young adults and will help the company spread its message about financial education. In addition, Financial Education of America created Futurebuck, a web-based financial literacy course that teaches young adults the essentials of financial, credit, and debt management.

"In today's challenging financial environment, financial education has never been so important," said Bob Reotutar, president of Financial Education of America, LLC. "Young adults need to learn financial skills sooner rather than later and often turn to their parents to learn about finances. Unfortunately, many parents don't have the time to teach these lessons and many schools don't offer courses to improve financial literacy. Our program teaches financial, credit, and debt management skills that young adults will use for the rest of their lives."

Futurebuck is made up of ten course video modules that are segmented into 4-7 minute modules and include quizzes at the end of each module to reinforce the course's lessons. In less than three hours, young adults will learn about financial topics, including credit cards, debt, budgets, and student loans. Because the program is online, students can complete the program on their own schedule and at their convenience.

Futurebuck was released August 19 and has reached over 30 states and four countries. The course has been reviewed by Military.com and Young Adult Money and has received media coverage in several Chicago-area publications, national online publications, and nationally syndicated radio shows.

About Financial Education of America, LLC
Financial Education of America, LLC is dedicated to improving financial literacy in young adults by launching a nationwide campaign to promote the issue. The company created Futurebuck, a comprehensive, online education course that teaches in ten modules the essentials of financial, credit and debt management through a series of short, interactive videos. For more information about Futurebuck or Financial Education of America, please visit www.futurebuck.com.

Media Contact :

Bob Reotutar
Financial Education of America, LLC
120 Lincoln Lane #2D
Arlington Heights, IL 60004
Tel: (847)312-1101
Email: breo@futurebuck.com
www.futurebuck.com

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm