The PFW Scale™ is an eight item survey, which is a reliable measurement of perceived financial distress/financial well-being. It provides the user with a score, which has been scientifically determined to be a valid and reliable measure of one’s perceived personal financial wellness, as well as measure for employees learning progress during the financial literacy
World hunger.
These two little words encompass one huge problem: people do not have enough to eat. And this problem kills. According to the World Food Program, hunger kills more people than AIDS, malaria and tuberculosis combined.
World hunger is a widely recognized problem and many intelligent and generous people are working toward a solution.
Logically and intuitively,
According to the Centers for Disease Control and Prevention, approximately one in every thirty-three children is born with a birth defect. Birth defects are not the only cause of disabilities. Accidents can cause disabilities, as can military combat and severe forms of substance abuse. This is significant because it reflects the sad fact that disabilities
According to the Bill & Melinda Gates Foundation, three out of four adults in the developing world don’t have access to banks or any other financial institutions. Moreover, only 10 percent of the 2.5 billion people who earn less than $2 a day have a bank account. What these figures tell us is that for
It might be assumed that of all age groups, the older generation is the most financially literate. With a lifetime of experiences, they have already made many financial decisions leading up to retirement. But the 2004 Health and Retirement Survey and the 2009 Financial Capability Study show different results. Older respondents (50 and older) were
The future of humanity is irrevocably tied to empowered individuals capable of discharging their obligations and responsibilities. Literacy was a key enabler in our collective civilizational advance. In a similar vein, the evolving context is placing big financial burdens on individuals, demanding an enhanced level of financial ability.
Should we continue to trudge in a cloak of
This article is intended for the parents of the upcoming generation. Alan Greenspan, financial guru and former chairman of the Fed, once said that “the number one problem in today’s generation and economy is the lack of financial literacy.” Why is financial literacy so important? Because hard work and long hours can only do so
Across the United States, it is not uncommon to see billboards and advertisements for a local lottery. These are often joined by other joint lotteries, some of which cover several states. While the variety is seemingly endless, all the ads and sponsorships of the games share one trait: a warning. Often found in the fine
As 2014 begins, all across the world the rush of New Year’s resolutions has crested. Many of these resolutions involve getting a better job, working harder or simply saving more. One common goal is developing a so-called “Rainy Day Fund”: extra cash available in case of emergency. Yet, for the majority, this fund never materializes and
How do college students behave financially and plan for the future? Are college students’ financial planning skills getting better over time?
Those are the questions that Money Matters on Campus has tried to answer.
Money Matters on Campus, a study conducted by EverFi and sponsored by Higher One, details the findings from a three-year survey of 43,000
Financial-wellness plans aim to help employees cut their debt, invest for retirement.
By Rachel Feintzeig , Wall Street Journal
Companies are expanding their wellness programs to focus on workers’ wallets in addition to their waistlines.
Meredith Corp., Staples Inc. and PepsiCo Inc., among others, have begun offering programs aimed at improving employees’ financial security.
Modeled after physical-wellness programs
Money makes the world go ’round. And because so much of what we all do revolves around money — making it, spending it, saving it and investing it — understanding how money works and being financially literate is important.
Financial literacy describes an individual’s ability to understand how to manage money. It measures how an individual
The holiday season is the perfect time to be thankful for all the good in our lives. For those living in the United States or other wealthy countries, most of the necessities of life are accessible to us and even many of our wants are satisfied. Some opportunities are so available that we take them
