Tag Archives | Annamaria Lusardi
super bowl 2018

Money Lessons From The Super Bowl

Making it to the Super Bowl can mean big bucks in bonuses for players. Here’s what one wise financial planner who works with young athletes tells his players: look at bonuses not as extra spending money, but as way to boost your investment balances or pay down debt accumulated in the early part of your […]

Read full story Comments { 0 }
wsj 6 questions

Smart Start To The New Year: 6 Questions To See If You’re Financially Fit

Six questions. That’s all it takes to see if you’re financially fit. “There is a short financial checkup that effectively predicts the key components of financial health,” says Annamaria Lusardi, one of the world’s foremost experts in financial literacy, and Director of The Global Financial Literacy Excellence Center at George Washington University. You can take the […]

Read full story Comments { 0 }
no-girls-allowed-berenstain-bears

Does Anyone Understand What They’re Saying?

A conversation of one Are you interested in enhanced indexing or smart beta? How about liquid alts or absolute return strategies? Concerned with style drift and mean regression? Staying away from proprietary products in your quest for alpha? Then maybe you should take a look in the private equity space. Are you still reading? Congratulations! You’ve survived […]

Read full story Comments { 0 }
annamaria l;usardi

Quote Of The Week: “A Crisis Point For Personal Finance”

“Financial literacy levels around the world have reached a crisis point. People are increasingly expected to take responsibility for their own financial security, yet they are unequipped to do so.” Annamaria Lusardi, Director of the Global Financial Literacy Excellence Center (GFLEC), George Washington University, Washington DC  and internationally recognized financial literacy expert. Too many American […]

Read full story Comments { 0 }

A Revealing Look At Why Middle America Has Little in Savings

Why so many Americans in the middle class have no savings Over 40% of Americans are financially unprepared to come up with the cash they may need in a crisis, leading researchers to call them “financially fragile.” That realization led writer Neal Gabler to talk to PBS NewsHour about how, despite his career as a successful […]

Read full story Comments { 0 }
nfl bankruptcy

Why NFL Athletes Go Bankrupt, And What You Can Learn From Them

They earn millions, but within two years of retirement, some NFL athletes start to file for bankruptcy. Financial literacy expert Annamaria Lusardi at the George Washington School of Business tracked all players drafted by NFL teams from 1996 to 2003. Her research showed that nearly 2 percent of the 2,016 athletes followed were bankrupt within two […]

Read full story Comments { 0 }
C4W4DE Woman looking at Utility bills

Only 1/5 Of Women Got These Financial Literacy Questions Right. Can You?

(Hint: If you can’t, you’re in good company, but you’ll need to take a few extra steps to stay on track financially). I’m always interested in new research on women and financial literacy from Annamaria Lusardi, chair of economics and accountancy at the George Washington University School of Business, where I completed my MBA. Dr. Lusardi […]

Read full story Comments { 0 }
teens shopping

U.S. Students’ Financial Literacy “Painfully Average”

U.S. teenagers ranked “painfully average” in a just-released world ranking of financial literacy skills. American 15-year-olds’ placed between eighth and 12th compared to over 29,000 students in 65 countries across the globe. The test scores were from the high profile Programme for International Student Assessment, or PISA, for short. “We certainly were disappointed, but not surprised,” says Ted Beck, CEO of […]

Read full story Comments { 0 }
annamaria lusardi

Financial Illiteracy: Who’s Most Vulnerable?

“In today’s world an understanding of basic financial concepts is equivalent to the ability to read and write,” says Annamaria Lusardi, one of the world’s foremost experts in the field of financial literacy, when recently interviewed. Lusardi is the academic director of George Washington University’s Global Financial Literacy Excellence Center. “The level of financial literacy is critically low, especially if we […]

Read full story Comments { 0 }