Published On: September 28th, 2020|

Forbes – Liz Frazier

“COVID-19 began in February 2020 as a health crisis, but as time goes on and more Americans lose their income, savings and businesses, it has extended beyond just health into an economic crisis as well. Similar to other catastrophes, such as Katrina and 9/11, when America faces a crisis our financial vulnerabilities are exposed and the need for financial education is obvious. According to a new Charles Schwab Financial Literacy Survey, half of all Americans (50%) would experience financial hardship if they had to cover an emergency expense of $1,000 or less in the next 30 days.” (more)