Only 51% of American adults are financially literate
Marketwatch
1 in 5
Nearly 1 in 5 credit card owners are borrowing 90% or more of their available credit – 15% of these are Gen Z borrowers who have the highest delinquency rates among all other demographics
New York Federal Reserve
55%
Small businesses accounted for 55% of job creation between 2013 – 2023
Bureau of Labor Statistics
1.54%
Only 1.54% of U.S. consumers have a perfect FICO Score of 850
Experian
15.5%
Only 15.5% of homes for sale in 2023 were affordable for the typical U.S. household—the lowest share on record – down from 45% in 2020
Redfin
$1,225
The average American consumer is paying $1,225 a month in credit cards, mortgages and auto loans
Experian
1 out of 3
1 out of 3 Americans believe they’ll never own a home (38%)
Redfin
$1,506
Americans lost an average of $1,506 in 2023 due to financial illiteracy
Financial Educators Council
Next Upcoming Webinar
Embrace the Holidays with a Healthy Wallet
Yes, you can save without skimping this holiday season
11/19/2024 1:00 pm (CST)
In this webinar, you’ll learn…
How to find the perfect gifts at the perfect price
Avoid common (and costly) holiday scams
How financial wisdom and generosity are a perfect combination