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  • Black White Finance Money Investing Finance Presentation

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    Cyril Doe
    21 views10 pages
    The document summarizes that the gap between the middle class and wealthy is growing due to financial illiteracy. Most people lack basic financial knowledge and are unable to save for retirement, healthcare, or emergencies. Over half of Americans failed a financial literacy test and would need to borrow money for unexpected costs. Both men and women experience high levels of financial illiteracy, which leads to spending more on fees, accumulating more debt, and saving less. The document encourages readers to make their money work for them through investments rather than letting opportunities pass.

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    Black White Finance Money Investing Finance Presentation

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    The document summarizes that the gap between the middle class and wealthy is growing due to financial illiteracy. Most people lack basic financial knowledge and are unable to save for retirement, healthcare, or emergencies. Over half of Americans failed a financial literacy test and would need to borrow money for unexpected costs. Both men and women experience high levels of financial illiteracy, which leads to spending more on fees, accumulating more debt, and saving less. The document encourages readers to make their money work for them through investments rather than letting opportunities pass.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    21 views10 pages

    Black White Finance Money Investing Finance Presentation

    Uploaded by

    Cyril Doe
    The document summarizes that the gap between the middle class and wealthy is growing due to financial illiteracy. Most people lack basic financial knowledge and are unable to save for retirement, healthcare, or emergencies. Over half of Americans failed a financial literacy test and would need to borrow money for unexpected costs. Both men and women experience high levels of financial illiteracy, which leads to spending more on fees, accumulating more debt, and saving less. The document encourages readers to make their money work for them through investments rather than letting opportunities pass.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 10

    Have you ever

    wondered why
    the rich
    get richer and
    the poor
    get poorer?
    !
    The answer is

    Financial
    Illiteracy
    Fast Facts
    The gap between the middle
    class and the "1%’ers" is
    now bigger than ever and it
    is quite alarming.

    Middle
    Class 1%
    78%
    of low-income urban families
    are unable to put away money
    for retirement, healthcare or
    even a basic emergency fund.
    The Quick Numbers

    57% 14% 86%


    of Americans failed to have investments would need to borrow
    pass the S&P Global other than a basic funds or take out a
    FinLit Survey on basic savings account loan in the event of
    financial concepts a health emergency
    Financial Illiteracy by Gender

    Women

    50%

    50%
    Men
    The Costs Of
    Financial Ignorance
    spending more on transaction fees
    running up bigger debts
    incurring higher interest rates on loans
    borrowing more, saving less
    !

    Make money
    work for you.
    It does not sleep, get tired,
    or go on vacation.
    Thank You
    FOR YOUR TIME

    TRAINSTATION COACHING
    ENCINITAS, CA

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