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Date 28/04/2021 A substantial number of adults in the United States between the ages of 21 and 62 felt anxiety and stress about their personal finances well before the onset of the COVID-19 pandemic, according to a new report published today. Researchers found that financial stress and anxiety are highly linked to low levels of financial literacy, problematic financial behaviors and decreased financial security. Researchers at the Global Financial Literacy Excellence Center at the George Washington University and the FINRA Investor Education Foundation used data from the foundation’...

New Research: Four In 10 American Households Had Difficulty Withstanding A Financial Crisis Before COVID-19 - Financial Resilience Toughest For Millennials, Singles, Women And Those With Lower Incomes, No College Degree And Facing Unemployment Date 16/02/2021 Well before the COVID-19 pandemic, nearly four in 10 households lacked financial resilience, making them vulnerable to financial hardships, including those associated with the current pandemic or future financial crises, according to a report from the FINRA Investor Education Foundation. Meanwhile, fewer than two in 10 households ap...