National Financial Awareness Day is the perfect time to talk to your clients about financial literacy.
Did you know?
- Only 32% of American families maintain a monthly budget.
- Half of American households live paycheck to paycheck.
- 58% of Americans have less than $1,000 saved.
Your clients can take steps on their own, like budgeting and finding resources online. However, it's important to talk about their beliefs about financial planning to make sure you're on the same page. Your client may have read information that's inaccurate—or not fully accurate—so answering questions and dispelling misconceptions is crucial.
Encouraging financial literacy is the first step toward financial security for all Americans. This Financial Awareness Day, help spread the word by sharing educational resources from EveryIncome, Life Happens, and the Financial Security Alliance.