Validation and Measurement Invariance of the Personal Financial Wellness Scale
In 2020, 17.1% of the population in the European Union was at risk of poverty . Poverty is often assessed using objective measures such as absolute and relative income levels. However, different individuals may experience [...]
Personal Financial Wellness Scale™ is now available in 7 languages
The PFW Scale™ is an eight item survey, which is a reliable measurement of perceived financial distress/financial well-being. It provides the user with a score, which has been scientifically determined to be a valid [...]
Economic Well-Being of U.S. Households in 2022
According to the Federal Reserve Board's May 2023 report Economic Well-Being of U.S. Households in 2022, nearly four in 10 US adults reported that they couldn’t cover a $400 emergency expense with [...]
A Quick Guide to Securing Your Child’s Credit Future
A recent study reveals that 42% of Americans have accrued more credit card debt since the COVID-19 pandemic began. It appears that COVID-19 has created unparalleled financial challenges for both individuals and families, and [...]
The Full Parent Guide for Children Financial Education
A study conducted by the Financial Industry Regulatory Authority (FINRA) highlights the importance of financial education. Importance of teaching kids to be smart about money Parents are responsible for teaching their kids the value of money. By [...]
Managing Your Finances: Strategies for Right Now and the Future
One of the many disturbing results of the global pandemic is the powerful sense of uncertainty workers are feeling now. With the transformation of brick-and-mortar workplaces into remote offices and a record number of [...]