University of Wisconsin-Madison Center for Financial Security

Release of FINRA’s Financial Capability Study Puts Media Spotlight on CFS

FINRA released results of the National Financial Capability Study in July, a report that provides comprehensive findings of financial behavior in the United States. The survey is part of an ongoing, multi-year effort with consultation from the U.S. Department of Treasury, to better understand the key indicators of financial capability and evaluate how they differ based on varying population demographics and characteristics.

The 2015 study was able to compare changes that occurred in financial capability over a six-year period, both at state and national levels. This window into the financial behaviors of individuals and families in the U.S. was met with great interest and resulted in a surge of media attention for the Center for Financial Security, as an entity that is deeply engaged and aware of the challenges, changes, and complications that U.S. families face in navigating personal finances.

Below find access to the various articles and outreach related to CFS’s participation surrounding FINRA’s release of the “Financial Capability in the United States 2016” Report.

Wisconsinites Know More Than They Think About Financial Issues, WisCONTEXT Series: Literacy in Wisconsin

Why we fall short on financial literacy, Wisconsin Public Radio’s Central Time

Study: Wisconsin’s financial knowledge ahead of U.S., Wisconsin State Journal

Missourians need to step-up their financial knowledge, KTTN/KGOZ Radio

Expert: Improve financial literacy by ‘paying regular attention’ to tasks, University of Wisconsin- Madison News