The document provides an overview of why financial literacy is important and how low financial literacy can negatively impact a family. It describes the various financial literacy efforts offered and details how these programs could be accessed by persons with a low-income. The report includes nine recommendations on how more people could obtain financial literacy training.

January 5, 2000

In This Report, You’ll Learn

  1. 1

    How low financial literacy negatively impacts low-income families.

  2. 2

    Ways in which financial literacy efforts could be strengthened.

  3. 3

    Challenges associated with existing financial literacy programs.

  4. 4

    The range of financial literacy programs.

Key Takeaway

Limited Financial Literacy Programs

While a range of financial literacy offerings exist, they have many shortcomings for low-income families. These shortcomings include limited content, small number served, lack of focus on issues relevant to low-income families and the ways in which financial literacy resources are identified and accessed.   

Findings & Stats

Statements & Quotations