How much money does the average American earn? How much do they owe? And (since it’s the Tax Filing Deadline Day) how much do they pay in taxes? The Motley Fool has compiled a list of 10 statistics that answer these questions and many others, and give you a good snapshot of the average American's financial life....
Small increases in retirement savings go a long way
Financial Literacy Is a Lasting Legacy
Financial literacy involves understanding fundamental financial concepts, such as compound interest, the time value of money, the use of consumer credit, diversification, tax-preferred savings vehicles, consumer rights, and more. Having this knowledge supports our ability to make prudent financial decisions throughout life and to respond competently and confidently to the inevitable financial uncertainties that we all face....