According to the AICPA, the lack of financial literacy is a national threat for every income group in our society.
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| 360 Degrees of Financial Literacy is a multi-faceted public service program organized by the AICPA and FICPA, that
equips CPAs to take a broad leadership role in educating the public –
from school children to retirees – about sound financial practices that
apply to their particular stage of life. Our firm is committed to
participating in this program by serving as financial literacy
advocates, volunteering to speak to community groups, civic
organizations,
schools, senior centers and others about financial literacy positions.
Contact us about financial literacy group presentations.
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| More statistics...
A 2004 statewide survey of Floridians released by
Mason-Dixon Polling & Research Inc. indicates a significant gap
between financial preparedness and financial readiness. Survey findings
include:
- More than one-third of those surveyed have more debt than savings or investments
- About 25 percent are putting nothing aside each month for
retirement, while another 25 percent waited until they were in their
40s or 50s
- 56 percent of Floridians report placing nothing aside each month for an emergency
- Almost 1 in 5 report having suffered a financial crisis due to medical expenses, a job loss, or a divorce
- More than 80 percent of Floridians have credit cards and more
than 50 percent report current debt levels ranging from $2,000 to
$20,000
- While many Floridians appeared to be falling short of
successfully managing their own wealth and finances, a majority wanted
to see the youth of Florida better educated in financial matters.
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Click here to view financial literacy resources for every life stage. Contact us if you are looking for a presentation/speaker for your group.
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