Have Americans learned anything from the economic hardships of recent years? Do they have the basic skills to manage their money, budget, save and control spending? The results from the 2012 Financial Literacy Survey recently published by the National Foundation for Credit Counseling offer some startling insights. Tune into NAHREP Radio on April 17 for an update on financial literacy patterns among consumers as Gail Cunningham, vice president of communications at the NFCC, shares highlights from the study. The show will be broadcast live here at 9 am PST or can be heard on demand thereafter.
In its sixth year, the NFCC survey provides data and trends around American’s attitudes and behaviors related to personal finance. This year the NFCC partnered with the Network Branded Prepaid Card Association for the study, which also evaluated consumer attitudes towards prepaid debit cards. A copy of the study can be found here.
“Consumer money management patterns are important indicators for REALTORS to look out for when they are working with homebuyer clients,” says NAHREP President Gerardo Ascencio. “Viable clients and sustainable homeownership are directly linked to these financial literacy behaviors.”
For more information, visit http://www.nahrep.org/