Financial illiteracy has become an epidemic. According to a recent report from the National Foundation for Credit Counseling, more than 40 percent of Americans grade themselves a C, D or F on their knowledge of personal finance issues.
This illiteracy most often manifests itself in over-spending and under-saving. The average American household with at least one credit card has nearly $11,000 in credit-card debt. And the average worker saves just four cents of every dollar she earns.
http://tinyurl.com/ndew6z
No comments:
Post a Comment