Young Americans — those aged 18 to 26 — are increasingly associating the concept of “adulthood” with financial independence, according to a Bank of America/USA Today Better Money Habits report released today.
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Providing small financial incentives to save can lead to lasting savings habits, according to a study of American Express prepaid card users released today by the Consumer Financial Protection Bureau.
The share of Americans making costly credit card decisions continues to decline.
Consistent with overall economic improvement, measures of Americans’ financial stress and fragility continue to improve — even as financial literacy trends slightly downward — according to the 2016 Financial Capability in the United States study released today by the FINRA Investor Education Foundation and the Global Financial Literacy Excellence Center.
The ABA Foundation offers book recommendations to help bankers advance youth financial literacy during the summer months.
In observance of World Elder Abuse Day on June 15, the ABA Foundation today issued a press release with steps older Americans and their caregivers can take to prevent financial abuse, which is estimated to cost seniors $2.9 billion each year.
The share of Americans who say they prefer saving to spending rose to an all-time high of 65 percent, according to a recent Gallup poll.
The ABA Foundation today announced that Fiserv — a global provider of financial services technology solutions and an ABA-endorsed vendor — has agreed to sponsor its annual Teach Children to Save program.
With recent data suggesting that more than forty percent of millennials are “chronically stressed” about money, ABA today issued a press release with tips to help millennials use tools they already access to secure a strong financial footing.
Ninety percent of parents reported talking with their children about money and personal finance, according to a new survey conducted by Everfi, an educational technology company, in conjunction with National Financial Literacy Month this April.