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​Financial literacy equips us with the knowledge to build a strong financial foundation and is essential for achieving financial independence and avoiding common pitfalls like excessive debt or poor money management. By learning these skills, individuals can build a secure financial future, reduce stress, and contribute to a stronger economy.

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However, numerous studies indicate that a significant portion of the U.S. population lacks adequate financial knowledge:

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• Youth Financial Literacy: A 2021 survey revealed that 75% of American teens lack confidence in their understanding of personal finance. Additionally, 41% of teens were unaware of what a 401(k) is, and 32% didn't know the difference between a credit card and a debit card.

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• Financial Anxiety: Over 56% of adults report feeling anxious when thinking about their financial situation, and 42% think about their finances daily. 
   

• Living Paycheck to Paycheck: As of 2023, 61% of adults live paycheck to paycheck, indicating a widespread lack of financial security.

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​These statistics underscore the importance of financial education programs, such as the Strive Forward Financial Literacy Program, which empowers individuals to manage their finances effectively.

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Strive Forward is pleased to collaborate with Bettis Financial to develop a program for students that provides personalized financial education. ​