NEW YORK — The credit union industry has been honing in on the need for financial literacy in recent years, and help is certainly needed based on a new survey of the financial makeup of Americans between the ages of 25 and 34.
Americans in this age group could be facing a troubling future as a consequence of their current spending and saving habits.
This was the main finding from a new study commissioned by the American Institute of Certified Public Accountants and conducted by Dr. Christopher Thornberg and Dr. Jon Haveman, economists with Beacon Economics in Los Angeles, on behalf of Feed the Pig (www.FeedthePig.org), a national public service campaign sponsored by the AICPA and the Ad Council.
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