Knowledge Tree
Global Financial Literacy Excellence Center
Also known as: GFLEC
Facts (9)
Sources
Debt And Mental Health Statistics | Bankrate bankrate.com Jan 31, 2023 3 facts
measurementIndividuals earning between $75,000 and $99,999 annually report a 58 percent anxiety rate regarding personal finances, 16 percent neutral, and 26 percent not anxious, according to the 2021 GFLEC/FINRA study.
measurementIndividuals earning between $50,000 and $74,999 annually report a 59 percent anxiety rate regarding personal finances, 19 percent neutral, and 22 percent not anxious, according to the 2021 GFLEC/FINRA study.
measurementIndividuals earning $100,000 or more annually report a 46 percent anxiety rate regarding personal finances, 17 percent neutral, and 37 percent not anxious, according to the 2021 GFLEC/FINRA study.
How Different Forms of Debt Affect Our Mental Health: Study innerbody.com Jul 5, 2023 2 facts
referenceA 2021 study by the TIAA Institute and the Global Financial Literacy Excellence Center (GFLEC) at the George Washington University School of Business found that Gen Z had the lowest financial literacy levels.
referenceThe TIAA Institute and the Global Financial Literacy Excellence Center (GFLEC) at the George Washington University School of Business released a study on October 20, 2021, titled 'Gen Z has the lowest financial literacy, study reveals.'
Financial Literacy: The Guide to Managing Your Money - Annuity.org annuity.org 2 facts
measurementAfrican Americans answered 37% of questions on a personal finance survey correctly, compared to 55% for white Americans, according to a study by the TIAA Institute and the Global Financial Literacy Excellence Center.
claimAfrican Americans struggle most with insurance and risk comprehension, while debt management is their strongest area of financial literacy, according to a study by the TIAA Institute and the Global Financial Literacy Excellence Center.
An Exploratory Study of the Wealthy's Investment Beliefs ... financialplanningassociation.org Mar 1, 2025 1 fact
referenceYakoboski, P. J., A. Lusardi, and A. Hasler authored a 2022 report titled 'Financial Literacy, Longevity Literacy, and Retirement Readiness' published by the TIAA Institute and the Global Financial Literacy Excellence Center.
Understanding the Mental-Financial Health Connection finhealthnetwork.org Oct 10, 2023 1 fact
referenceAndrea Hasler, Annamaria Lusardi, and Olivia Valdes authored the paper 'Financial Anxiety and Stress among U.S. Households: New Evidence from the National Financial Capability Study and Focus Groups,' published by the Global Financial Literacy Excellence Center in April 2021.