No one is immune to financial struggles. And when these struggles mean that you can't afford to pay your federal income taxes, the IRS might file a Notice of Federal Tax Lien against your home.
PricewaterhouseCoopers, a leader in the finance industry, recently released a report on the current state of financial education in grades K-12. The report, titled Bridging the Financial Literacy Gap: Empowering teachers to support the next generation, centered around the finding that financial education is largely lacking in today's schooling. Only 12 percent of teachers said that financial education is currently a part of their curriculum, even though the vast majority - 92 percent - agreed that it was needed.