Research suggests that with proper education African Americans will be able to make more informed financial choices that help individuals and their entire community. The purpose of this phenomenological study was to understand African Americans' perception of financial literacy. This study was conducted ...
Welcome to the Dr. Boyce Watkins Black Financial Literacy Store. Anything related to black wealth, the building of Black Wall Street, Powernomics and more can be found in this one-stop shop for those who'd like to obtain financial literacy for the entire
Financial Literacy for Black and African Americans TheTIAA Institute-GFLEC Personal Finance Index (P-Fin Index), a survey that measures financial literacy, revealed African Americans demonstrated a low level of financial literacy. The P-Fin Index showed that Black Americans only answered 38% of per...
In honor of Financial Literacy Month in April, we are proud to highlight the launch of the documentary, “Our America: In the Black” in partnership with ABC Owned Television Stations. This compelling film is a deep dive into financial health, literacy, and empowerme...
Crystal Alford-Cooper, CFP®, CDFA™, CRC®—Vice President of Planning at Law & Associates inGlen Echo, Md., Alford-Cooper has held many volunteer leadership positions, including past chair of FPA ofMaryland, past president of the Association of African America...
Based on the outcomes of the scientific bibliographic coupling, dominant themes were identified –“Global Financial Literacy: Addressing Disparities and Enhancing Education”, “Addressing gender gap in financial inclusion and personal finance behaviour”, “Empowerment through Financial Literacy: Overcoming ...
TheFinancial Industry Regulatory Authority (FINRA)has found, for example, that African American and Hispanic individuals tend to score lower on financial literacy tests than Asian American and White test takers. African American andHispanic adultsare also more likely to experience unexpected drops in in...
African Journal of Science, Technology, Innovation and Development 14: 272–79. [Google Scholar] [CrossRef] Ali, Norli, Nurhazrina Mat Rahim, Mohd Fairuz Adnan, and Heri Yanto. 2024. Determinants of Financial Behaviour: Does Digital Financial Literacy (DFL) Foster or Deter Sound Financial ...
1 What may be surprising is that in a 2022 study by Investopedia regarding financial literacy, 49% of adults, when asked how well they understood crypto, said they were “beginners.” Where does this leave the individual who believes in the future of these crypto assets but can’t figure...
Financial Literacy and Retirement Preparedness: Evidence and Implications for Financial Education Annamaria LusardiOlivia S. Mitchell Business Economics Jan 2007 Economists are beginning to investigate the causes and consequences of financial illiteracy to better understand why retirement planning is lacking and...