Millennials & Credit Cards/Financial Literacy

    Listen 00:48:45

    Guests: Sean McQuay, Kent E. Allison, Helaine Olen

    Many millennials are working low-paying jobs, drowning in large amounts of student debt, and using debit cards. The thoughts of applying for credit cards has kept many away from establishing a good credit rating. Mary Cummings-Jordan talks with SEAN MCQUAY, credit cards expert at NerdWallet and discusses financial literacy with KENT E. ALLISON, national leader of Pricewaterhouse Coopers’ Employee Financial Wellness Practice talks financial literacy. HELAINE OLEN, columnist for Slate and the host of the Slate Academy podcast The United States of Debt says “financial literacy education doesn’t work.” We’ll hear her reasons for this argument and what Americans should do instead.

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