When faced with a lucrative financial offer for more wealth than he could fathom – a wise man on a Millennium Falcon once said, “I can imagine quite a bit.” But there’s no need to imagine anything, and no waiting for the opportune moment. The big score, so to speak, is only as evasive as we allow it to be. “That may seem impossible, but it is entirely achievable,” said Daniel Chi, UNLV’s chair of the Department of Finance in the Lee Business School.
Tag: Financial Literacy
More people confident they know finances – despite the evidence
Financial literacy declined in America between 2009 and 2018, even while a growing number of people were overconfident about their understanding of finances, a new study finds.
New Report Analyzes American Families’ Financial Resilience Since the Great Recession
WASHINGTON (Aug. 12, 2021)—The Global Financial Literacy Excellence Center at the George Washington University (GFLEC) and the Center on Longevity at Stanford University today released a new report and policy brief titled “Financial Resilience in America.” In the report, the…
Large Number of Americans Reported Financial Anxiety and Stress Even Before the Pandemic
A substantial number of adults in the United States between the ages of 21 and 62 felt anxiety and stress about their personal finances well before the onset of the COVID-19 pandemic, according to a new report published today by the Global Financial Literacy Excellence Center at the George Washington University.