Everyone understands the value of money. Everyone understands that saving is important. Everyone understands how debt can hurt them… Yet financial literacy is one of the hardest things for Americans to tackle and understand. Americans have a financial literacy problem. Through a number of different studies, it’s been found that this financial literacy problem applies […]
Americans have a serious financial literacy problem Read More »
If you’ve been with us for a while, you know that we talk a lot at TrueConnect about how Americans are struggling with money–staying out of debt, paying off credit cards, saving for the future, investing properly… Not until recently have many schools started implementing financial education into their curriculum. This is great for the
3 reasons why financial literacy should be on your mind Read More »
Let’s break down “financial literacy”. This hot term has made a big appearance all across the country as of late. The goal behind teaching financial literacy is to help people, your employees especially, develop a stronger understanding of basic financial concepts so they can make smarter financial decisions. Since the onset of the pandemic, 91%
4 topics you have to cover to become “financially literate” Read More »
Financial wellness should encompass many things, including: Financial education and counseling Financial tools and solutions that work Incentives to save and invest Today, many financial wellness programs focus only on financial education. What they’re lacking in are actual solutions or tools that help employees resolve debt or start saving. TrueConnect was founded as a small-dollar
Introducing a New Financial Wellness Platform… Read More »
The country is experiencing an unprecedented economic downturn that has left nearly 36 million people unemployed with little hope for what their financial future holds. Even before the pandemic, about 40% of people did not have the cash available to cover a $400 emergency and up to 78% of people reported living paycheck-to-paycheck. What’s
Only 57% of American Adults Consider Themselves Financially Literate Read More »
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