Stephen and Angela talk about cultural taboos and financial literacy. Stephen: Some say it's ridiculous that we should have to teach so much financial literacy. He says credit card companies who charge 18% interest are exploitive, not good for anyone except their shareholders. "Make it harder for people to get in trouble by making bad decisions," he says.
What’s the connection between conversations about money and financial literacy? Could the taboo against talking about your salary be fading? And why did Angie’s teenage daughter call Vanguard to learn about I.R.A.s?