A sample of recent press comments on FoolProof.
Investing in Our Nation’s Future: No One Left BehindFebruary, 2018
Will deHoo, our founder, featured in the Green Money February 2018 issue: Millenials & MoneyRead More
Most States Don't Require Specific Financial Literacy ClassesJanuary 19, 2018
Most states take a scattershot approach to teaching personal finance concepts to high school students, a newly released financial literacy report card finds, with just a handful of exceptions.
"We find that if a rigorous financial education program is carefully implemented," the report concluded, "it can improve the credit scores and lower the probability of delinquency for young adults."Read More
Who do you want to teach your children about money?January 4, 2018
In an ideal world, financial literacy starts at home. But we don’t live in this world. Many parents are unwilling, overwhelmed or ill-equipped to teach their children good financial habits.
So we have turned to educators to get the job done. But where are the educators getting the materials they use to teach your children?Read More
Prepare kids for retirement (and improve financial literacy) with lessons in skepticismFebruary 8, 2018
Ironically, Americans rely on 'businesses that rely on impulse buying and consumer debt to teach us how to be smart about impulse buying and consumer debt'Read More
Surviving Student LoansApril 11, 2017
The largest student loan servicer in America — with a portfolio of billions and money owed by millions — is under fire for saying it has no duty to give consumers good advice. And the now the lawsuits are flying. We look at the industry and get advice from experts on how to dig yourself out of student debt.To Interview
Education foundation in Cocoa teaches financial literacy, gets backingJanuary 16, 2018
Financial literacy courses will be able to reach more students nationwide, thanks to FoolProof Foundation, an organization with Brevard ties that received backing from consumers groups this month.Read More
It's confusing when ads look like real newsApril 9, 2017
You’ve been fooled by fake news. Perhaps you skipped right over a line that said "Paid Promoted Stories" or "Sponsored Content." Next thing you know, you're reading what you thought was a real news story about how to ease your fatigue, but it's really an ad for a vitamin supplement.Read More
How to protect yourself — and your wallet — from fake newsApril 7, 2017
You're reading a real news story online, and below it — or embedded within it — is an interesting headline that captures your attention. Click. Then bam!Read More
Should Kids Be Taught Healthy Skepticism?February 6, 2018
Day and night kids in America are bombarded with fake news stories, phony websites, stealth marketing campaigns, and online scams.
How can those kids learn to make wise decisions about their money and their welfare in that chaotic, deceptive environment?
Here's how: by teaching them the life-long habits of healthy skepticism and caution.Read More
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.Read More
Get Ready to Be Told: You Don't Know MoneyMarch 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.Read More
Don't Be Fooled by Biased Financial Literacy ProgramsFebruary 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.Read More
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.
Standout Recipe for Financial Literacy Excludes Big BusinessMay 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.Read More
The FoolProof Foundation Offers a Curriculum of Financial CautionApril 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.Read More