In late 2021 into early 2022, the Wisconsin Department of Financial Institutions (DFI) surveyed Wisconsin employers on behalf of the Adult Health and Workplace Financial Literacy Committee of the Governor’s Council on Financial Literacy and Capability. The purpose of the survey was to learn more about employer-provided financial wellness programs in the State. The Committee, … Continue reading Employer-Based Financial Wellness Programs in Wisconsin: Survey Findings
Financial education
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?
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?
University of Wisconsin-Madison Center for Financial Security 