5 steps you can take to be actionable in your financial educ

5 steps you can take to be actionable in your financial education


(BPT) - Make no mistake: The past several months have been challenging — both financially and emotionally — when it comes to the disruption the COVID-19 global pandemic brought to our everyday lives.
In its latest Financial Wellness Census Special Report, Prudential found that since May 2020, the proportion of Americans who say they’re financially struggling has more than doubled, to 46% from 22%. Furthermore, 44% cite decreased confidence in meeting their financial goals, and 31% say their ability to achieve those goals is out of their control.
In addition, 18% of people surveyed are taking on debt, and many are borrowing or withdrawing from their 401(k) (11%), IRA (6%) and life insurance (6%) as a result of the pandemic.

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