Author: moneyfitcfs

moneyfitcfs

CFS RDRC Awarded Third Year of Funding to Support Research on Financial Vulnerability

U.S. Social Security Administration approves 11 major projects, investigating topics including vulnerability to Social Security scams, identity theft among seniors, older Americans’ changing work, and the impact of employment shocks. The Center for Financial Security (CFS) at the University of Wisconsin–Madison, as part of the Retirement and Disability Research Consortium (RDRC), has been awarded a … Continue reading CFS RDRC Awarded Third Year of Funding to Support Research on Financial Vulnerability

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Webinar: Does State-mandated Financial Education Affect Subjective Financial Well-being?

CFS produced a webinar on October 6, 2020 entitled "Does State-mandated Financial Education Affect Subjective Financial Well-being?". Associate Professor Carly Urban presented research with CFS Director J. Michael Collins and Research Scientist Jeremy Burke on how state-mandated financial education in high school impacts subjective financial well-being. The research was supported by a grant from the … Continue reading Webinar: Does State-mandated Financial Education Affect Subjective Financial Well-being?

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Newly Released Paper and Brief: Does State-mandated Financial Education Affect Financial Well-being?

This paper and brief, authored by Jeremy Burke, J. Michael Collins, and Carly Urban, estimates the causal effect of required high school financial education on the financial well-being of young adults. Financial well-being includes people’s subjective sense of financial management, as well as their confidence in achieving their unique financial goals. This study shows that … Continue reading Newly Released Paper and Brief: Does State-mandated Financial Education Affect Financial Well-being?