Financial education and the American dream

As economic instability rises and political shifts threaten financial security, new insights from nudge highlight that financial education is more crucial than ever in helping Americans achieve ‘The American Dream’ – nearly 100 years after the phrase was popularized.

With rising living costs, increasing debt, and a changing political landscape, financial education is now more critical than ever. Debt, credit, and investing topped the list of financial concerns for Americans, showing that many are taking proactive steps to secure their financial future in an uncertain time.

Jeff Miller, Vice President of US at nudge, commented: “The American Dream is built on the promise of financial stability and opportunity. It is still within reach for those who possess financial knowledge, skills, and confidence. With the U.S. experiencing political and economic changes, it’s more critical than ever that Americans become financially literate. To address challenges and build their financial futures, more and more American workers are asking their employers for unbiased in-the-moment financial education support.”

Jeff added, “With the cost of living continuing to rise and consumer debt climbing, employers have a responsibility to support their workforce by offering financial education. This helps employees make informed financial decisions and build long-term financial security, reigniting the American Dream and making it accessible for everyone.”

* nudge