National Adult Financial Literacy Research Overview

David Godsted and Martha Henn McCormick

No 2007-NFI-05, NFI Reports from Indiana State University, Scott College of Business, Networks Financial Institute

Abstract: Personal economic issues such as credit card debt, home foreclosures, the collapse of the sub-prime lending market, and escalating numbers of personal bankruptcy have focused the nation’s attention on the importance of financial education. As a collective, we know that something is wrong with our understanding of personal financial education. How do we feel about our own financial management skills? Where do we seek instruction? What is the quality of that instruction?

Pages: 20 pages
Date: 2007-08
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