SILVER SPRING, Md. — A new National Foundation for Credit Counseling consumer financial literacy survey reveals there are serious gaps in the knowledge and desire to learn responsible financial management.
Conducted by Princeton Survey Research Associates International, the survey is designed to provide a benchmark of what Americans know about their finances and their receptiveness to professional financial counsel and education.
Overall findings indicate that Americans are not universally following even some basic tenets of sound financial management, such as tracking expenses, ordering credit reports, and managing credit card debt. Many are interested in getting help, but don't know where to find what they need.
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