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Economic Outlook - Financial Literacy and Wellness

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Episode #1023 - Financial Literacy and Wellness
The amount of personal family credit card averages over $18,000, with individuals spending over 18% more than they should on purchases when they swipe their credit cards. Over 35% of Americans have debt in collections, with 2 out of every 3 people who make over $41,000 are living paycheck to paycheck. Over fifty (50) percent of all Americans have less than a one month’s savings in the case there were a catastrophic situation that arose. Many Americans have drained, or are draining, their 401K life savings just to pay off standard bills. Never has Financial Wellness and Literacy education been more critical in our communities than it is right now.
Original Airdate: April 17, 2015

In This Episode

  • Financial Literacy and Wellness Photo
    Financial Literacy and Wellness
    Shawn Todd, Diane Reyome, Amish Shah, Bob Benish More Information
    Financial Literacy and Wellness Photo
    Financial Literacy and Wellness

    In This Segment

    Arguably, never has our country been in greater need of Financial Literacy and Wellness. This week our panel looks at the role of Education in Financial Wellness and its Impact on Business and our Communities

    Guests

    1. Shawn ToddBoard Chair of Junior Achievement of Michiana, and a Commercial Real Estate Broker with Newmark Grubb Cressy and Everett
    2. Diane ReyomeFinancial Capabilities coordinatorCentier Bank
    3. Amish ShahPresident and CEO of Kemkrest and the Board Chair of Junior Achievement in Elkhart
    4. Bob BenishVice President Corporate ServicesCentier Bank