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Mixed messages in American financial literacy
As a result of the recession, some Americans have made behavioral changes in their financial lives. In spite of a positive trend, there’s a mixed message in the latest consumer financial literacy survey by the National Foundation for Credit Counseling. More than two in five adults, or 43 percent, now closely track their spending – [...]
Despite advances in gender equality in the work force and in education, the gender gap in financial literacy and planning remains. Women lag men in saving, investing and retirement planning. Nearly one-third of women, surveyed last year by Transamerica Center for Retirement Studies, did not start saving for retirement until age 40 or later. And [...]
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