« Past issues
Community Investments Vol 21, Issue 2
Financial Education for a Stable Financial Future
Whether for lack of knowledge, resources, or self-control, far too many Americans are struggling with their personal finances. A recent survey by the National Foundation for Credit Counseling finds that 41 percent of U.S. adults gave themselves a grade of C, D, or F on their knowledge of personal finance and 26 percent admitted to not paying all of their bills on time (among African-Americans, this figure jumps to 51 percent); one in three adults reported no savings. Among those between the ages of 18 and 34, almost half reported that they did not have any savings.
Download PDF (pdf, 913.82 kb)