Is Financial Literacy Enough for Financial Success?

Описание: Most millennials have heard the financial rules: save early, avoid bad debt, invest for the long term.

Yet many still feel behind or uncertain about whether they’re making the right decisions.

In this video, we step away from opinion and look at what academic research has found about financial knowledge, behavior, and well-being among millennials. We’ll walk through findings from several major studies and translate them into a practical question:

What does this mean for you and your financial life?

Studies referenced

Dewi et al. (2020) – Financial literacy, attitudes, skills, and behavior
Lusardi (2019) – Drivers of financial well-being among millennials
Kim, Anderson & Seay (2018) – Financial knowledge and behavior relationships
Sherwood (2020) – Generational differences in financial literacy

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