The Impact of Financial Education on Savings Behavior

Resource Overview

Research from a variety of studies finds that combining financial education and savings account ownership have a positive impact, where each leads a person to seek more of the other. When individuals receive quality financial education, they are more likely to open savings accounts and apply their new knowledge. Starting this combination early gives youth a better chance at lifelong financial well being.

More Related Resources

Financial Education Sign On Letter

Under the new leadership of Mick Mulvaney, the CFPB is requesting information on a broad range of...

Read more

Spanish, Polish, and Arabic Secure Choice Fact Sheets for Workers

Secure Choice is a new program that helps Illinois workers save for retirement. It is launching in...

Read more

Chinese and Tagalog Secure Choice Fact Sheets for Workers

Secure Choice is a new program that helps Illinois workers save for retirement. It is launching in...

Read more