Financial literacy

Home/Tag:Financial literacy

The benefits of being financially literate

Short-term lender Wonga recently asked over 1 000 of its customers about their attitudes towards money. It found that, despite 88 percent believing that financial health was “extremely important”, most [...]

By | 2019-10-10T12:38:12-06:00 October 14th, 2019|Categories: Financial Literacy|Tags: , , , |Comments Off on The benefits of being financially literate

The Societal Benefits of Financial Literacy

While it’s good for people themselves to be financially literate—to know how to earn and manage money—society itself needs widespread financial literacy among the people in it. Even though hundreds, [...]

By | 2019-10-07T05:48:46-06:00 October 5th, 2019|Categories: Financial Literacy|Tags: , , , |Comments Off on The Societal Benefits of Financial Literacy

Should the UK be investing more in its financial literacy problem?

New research reveals that one in three of us can’t figure out the correct change from a typical ‘big shop’. This poses the question as to whether the UK should [...]

By | 2019-09-23T04:47:35-06:00 September 23rd, 2019|Categories: Financial Literacy|Tags: , , , |Comments Off on Should the UK be investing more in its financial literacy problem?

How a crowdsourcing app can stop people from overspending

A rational economic actor would not spend more than she takes in. Yet, other factors—from limited income, to financial illiteracy, to the urge to keep up with friends or peers—all [...]

By | 2019-08-26T06:00:46-06:00 September 2nd, 2019|Categories: Financial Literacy|Tags: , , , |Comments Off on How a crowdsourcing app can stop people from overspending

Financial Wellness Differs from Financial Literacy

Financial Wellness Differs from Financial Literacy Financial wellness differs from financial literacy.  Clearly, Financial Wellness and financial literacy are not the same things. Surprised? This author was, too. But it [...]

By | 2019-08-22T13:00:30-06:00 August 23rd, 2019|Categories: Financial Literacy|Tags: , , |Comments Off on Financial Wellness Differs from Financial Literacy

Solving the Financial Health Paradox

The disconnect between consumers’ self-perceptions and the reality of their financial health is striking, and suggests that financial services need to be doing something different. Findings from a recent Ernst and [...]

By | 2019-08-05T04:57:11-06:00 August 5th, 2019|Categories: Financial Wellness|Tags: , , |Comments Off on Solving the Financial Health Paradox

Financial literacy: a crucial life skill

Throughout school, students learn advanced mathematical and chemical equations, American history, art, music and English. But most Americans never learn how to properly manage money. Debt is an accepted part [...]

By | 2019-07-17T12:00:06-06:00 July 24th, 2019|Categories: Financial Literacy|Tags: , , |Comments Off on Financial literacy: a crucial life skill

84% of millennials and Gen Z failed this retirement quiz

The vast majority of workers under the age of 34 lack basic knowledge about their 401(k) retirement plans, according to the new Financial Wellness in the Workplace Study from Fisher Investments 401(k) [...]

By | 2019-07-08T02:36:09-06:00 July 8th, 2019|Categories: Financial Literacy|Tags: , , , |Comments Off on 84% of millennials and Gen Z failed this retirement quiz

Financial literacy skills have taken a nose dive since the Great Recession

It’s been a decade since the Great Recession’s upheaval, and while some measures of Americans’ economic well-being have recovered like the unemployment rate, their financial literacy isn’t one of them. Between [...]

By | 2019-06-26T14:52:41-06:00 July 5th, 2019|Categories: Financial Literacy|Tags: , , , |Comments Off on Financial literacy skills have taken a nose dive since the Great Recession

Financial Prosperity Eludes Many Americans Despite Growing Economy

As the gap between the Haves and the Have-nots continues to widen, cash-strapped Americans are failing to save money, struggling with student loan debt and facing decreasing financial literacy, despite [...]

By | 2019-06-24T08:40:00-06:00 July 1st, 2019|Categories: Financial Education|Tags: , , , |Comments Off on Financial Prosperity Eludes Many Americans Despite Growing Economy
Load More Posts