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Press Coverage

A partial list of articles from around the country about FoolProof.

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Young adults moving in with parents shouldn't be passé. It's a smart move.
June 2, 2016

My husband and I are trying to persuade our daughter to live at home if she decides to go straight to a local graduate school after she finishes her undergraduate degree next year.

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Choose your curriculum wisely because your students’ financial lives may depend on it.
Michelle Singletary
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Get Ready to Be Told: You Don't Know Money
March 6, 2016

Not everyone's an expert — "Nobody blames me for not understanding how my car works," says Lauren Willis, a professor of consumer law and policy at Loyola Law School in Los Angeles. Prof. Willis, who works with the FoolProof Foundation, an educational organization that seeks to train investors in what she calls "consumer self-defense," argues that instead of conditioning consumers for a predatory market that they can't navigate on their own, the market itself should be restructured.

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Don't Be Fooled by Biased Financial Literacy Programs
February 25, 2016

Can I be honest? The politically right thing to say in financial literacy circles is that we need educators—from elementary to high-school level—to teach our children how to handle their money.

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The foxes are in the henhouse. Credit card companies and other lenders sponsor many of the free financial literacy programs available to teachers. There's a built-in conflict of interest, since these companies often profit from bad financial decisions.
Liz Weston, Syndicated columnist
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Standout Recipe for Financial Literacy Excludes Big Business
May 6, 2015

Most financial literacy programs are burdened with a fatal flaw: the financial institutions that sponsor them are the same companies known to take advantage of their unsuspecting customers with hidden fees and exaggerated claims. Little wonder the public comes away having learned nothing about the caveats of investing.

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The FoolProof Foundation Offers a Curriculum of Financial Caution
Apr 25, 2015

If you want your children to be better money managers, you need to model that behavior in your home. They need to see you saving, spending wisely and sparingly using credit.

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