Though every month should be Financial Literacy Month, at the NFCC, April is when the National Survey Results on Consumer Financial Literacy are revealed. The survey annually provides data and trending around Americans’ attitudes and behaviors related to personal finance. Results of the 2012 Financial Literacy Survey revealed that many Americans lack basic financial skills that are critical to building a stable financial future. Here are some specific results:
Though these results are disturbing, the NFCC can provide resources to help you manage your finances. By visitingwww.debtadvice.org you can access a variety of free consumer tools, including podcasts, budget worksheets, calculators, and videos. You can also check out the NFCC Financial Education Blog for helpful articles on common financial issues.