Thursday: Unemployment Claims, Flow of Funds
2 hours ago
Fully 57% of people who earn less than $50,000 said they can’t afford to both pay their bills and save for retirement, compared with 35% of people who earn $50,000 or more. Meanwhile, 59% of those surveyed said their top, day-to-day money worry is paying the monthly bills—that’s’ up from 52% who said that in 2012.
Three-quarters of Americans have “positive perceptions” of their own financial knowledge and math skills. but only 14% were able to correctly answer five financial literacy questions posed by a top regulator’s investor education foundation.Source