Experts Anticipate Upcoming Financial Education
President-elect Joe Biden’s win renews hope for financial wellness strategies in the future, and such changes could come with possible requirements for employers, employees and advisers. With a new president coming into office in January, it’s time to focus on financial wellness education, industry experts say. President-elect Joe Biden has outlined plans for taxes, retirement planning and […]
Read More
The Wealth Gap
How big is the gap? The wealth Gap – It’s staggering. The net worth of a typical white family in 2016 — including home, retirement accounts, and all assets — was nearly 10 times greater than that of a Black family, at $171,000 to $17,600. This gulf even includes African Americans whose households are headed […]
Read More
Financial Literacy Group LLC Launches a Financial Literacy App
Financial Literacy Group LLC launches the Debt2Wealth App. It guarantees to pay off a 30-year mortgage in 5-7 years, without extra payments. The Debt2Wealth app is a financial GPS that directs the user to pay off their 30 year mortgage in 5-7 years, without making extra mortgage payments. Consumers who use this smart debt elimination […]
Read More
Most Americans Are Not Financially Literate
Most Americans are Not Financially Literate – The proof is in the studies – more than 66% of American’s can’t pass a basic financial literacy test. Can you pass a financial literacy test? The test asks 5 questions about basic finance, questions that every adult should know. The topics cover things like debt interest, inflation, […]
Read More
Financial Literacy for African Americans
Financial Literacy for African Americans – The corona virus crisis has exposed some real gaps in our democracy, in our politics and the legal system. This is demonstrated by the current events in Minneapolis, MN. Minorities, especially African Americans have been hit hard by the virus itself, however the economic or the financial impact is […]
Read MoreFinancial Literacy Challenge
