Jul 19, 2016
The FINRA Investors Education Foundation is out with the results of their 2015 National Financial Capability Study and who better to discuss the results than Gary Mottola, the head of research at the foundation. In this podcast, Gary supplies key insights from this comprehensive study including details on how millenials (and others) are managing their budgets, checking accounts, credit cards and student loan balances. He describes the quiz questions (test your knowledge here) from the study, including the question that survey participants had the most difficulty answering. Finally, he shares some surprising results about the prevalence of formal financial education programs and the impact of parental (or guardian) influences on financial knowledge. Enjoy!