Wisconsin Banking Update
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Americans’ Financial Knowledge Still Lacking
Posted on November 9th, 2010 No commentsAt a time when Americans are seeking financial security, their financial knowledge is no better than it was in 2006, according to the “Financial Matters” study commissioned by Northwestern Mutual Life Insurance Company Inc. The research revealed that 69 percent of respondents would receive a failing grade on a quiz about financial products and concepts. The good news in the study is that people seem eager to learn more. Read the Small Business Times article.