The AFCPE Blog is designed to provide new and insightful personal finance information for financial professionals – information that can be shared with both clients and consumers and provides new insights into education and practice.
In my recent article published in the Journal of Financial Counseling & Planning (JFCP), I went back to education—in my opinion, the very foundation of how we function—and I endeavored to answer the question: Does basic financial education increase knowledge for men within two years of release in a work-release program?
Without having to obtain detailed information about a client’s future, financial counselors can assess and potentially influence stress levels by an evaluation of how well-prepared clients feel
Nearly 57% (1,094) reported some type of medical debt, with 67% (730) having medical bills of less than $3,000. Using two different “at risk” measurements, a great majority (1,436) were not categorized “at risk” of bankruptcy due to medical debt.
#ResearchWednesday, Financial Education
By: Dr. D. Allen Ammerman