How do you think you stack up against the huge percentage of the American population that is financially illiterate and lacks basic skills in the areas of doing calculations, debt management, and asset building?
The American College recently surveyed retirees and pre-retirees with at least $100,000 in household assets (not including their primary residence) and discovered that only 20% of them could even pass the 5-question, multiple-choice financial quiz – and not a single one scored an A on the test! The Securities and Exchange Commission reports that “investors have a weak grasp of elementary financial concepts, and lack critical knowledge of ways to avoid investment fraud.” Could you be one of so many Americans who are under-informed or even misinformed about your investments and retirement plans? What can you do to overcome this problem?
Our guest, Pamela Yellen, is the New York Times Best Selling author behind the life changing system, Bank on Yourself, and the creator of the Financial IQ Quiz, which identifies key weaknesses and helps investors take control of their financial future.
Click HERE to Discover Your Financial IQ!