Nearly halfway to goal of educating 1 million adults and youth by the end of 2025
ST. LOUIS, Aug. 15, 2022 /PRNewswire/ — Financial-services firm Edward Jones today announced progress on its commitment to build financial knowledge and confidence through its Financial Fitness program. On the heels of National Financial Awareness Day on Sunday, August 14th, the firm has officially reached more than 400,000 learners, nearly halfway towards its set goal to reach 1 million learners by the end of 2025.
The need for financial education comes at a pivotal time with back-to-school season approaching. Against a backdrop of climbing inflation, continued socio-economic pressure and other financial worries, Edward Jones’ 2022 529 Awareness Survey found that nearly half of Americans (45%) say they do not feel they are saving enough to cover future education expenses.
“This year’s back-to-school season is coupled with heightened anxiety – emphasizing the importance of educating families and students on how they can save and plan for education expenses,” said Vanessa Okwuraiwe, Principal at Edward Jones. “We know these dynamics can be daunting so giving individuals tangible tools to increase financial resilience for themselves and their families will create opportunities to achieve financial success.”
The Financial Fitness program is designed to address these concerns, giving students, clients, and associates the tools to build financial knowledge and confidence by understanding personal finance concepts through a digital education platform and learning experience. Since 2020, Edward Jones has reached more than 47,000 high-school students in more than 1,000 schools, 53% of which are considered high-need.
Through the Financial Fitness program, students in the 2021-2022 school year reported:
An increase in knowledge, with 55% having higher assessment scores
More confidence, with 63% feeling ‘likely’ or ‘very likely’ to invest in the future
More than half (54%) feel more resilient or prepared to accomplish long-term financial goals
“Investing in our youth, in our communities, is key to building economic equity and creating a sound financial future from the start,” said Okwuraiwe. “Creating access and knowledge allows young people to be more prepared and confident to make smarter financial decisions as they enter adulthood.”
The Financial Fitness program is part of Edward Jones’ ongoing efforts to partner for a positive impact to improve the lives of its clients and colleagues, and together, better its communities and society. Most recently, Edward Jones’ Grassroots Task Force met with US legislators in July to advocate and discuss the benefits of financial education to build a stable financial future for more Americans.
About Edward Jones
Edward Jones, a Fortune 500 firm, provides financial services in the U.S. and through its affiliate in Canada. The firm’s nearly 19,000 financial advisors serve more than 8 million clients with a total of $1.7 trillion in client assets under care. Edward Jones’ purpose is to partner for positive impact to improve the lives of its clients and colleagues, and together, better our communities and society. Through the dedication of the firm’s 50,000 associates and our branch presence in 68 percent of U.S. counties, the firm is committed to helping more people achieve financially what is most important to them. The Edward Jones website is at https://www.edwardjones.com/, and its recruiting website is https://careers.edwardjones.com/. Member SIPC.
View original content to download multimedia:https://www.prnewswire.com/news-releases/edward-jones-builds-financial-resilience-through-financial-fitness-program-301605345.html
SOURCE Edward Jones
In the world of stock legends, George Soros stands out. While his political activities have been a lightning rod for controversy, no one can doubt his financial acumen. After all, he’s the ‘man who broke the Bank of England,’ and made a billion dollars in one day when he shorted the Pound Sterling back in 1992. His hedge fund, Soros Fund Management, showed three decades of sustained gains, averaging 30% annual returns through the year 2000. During this time, and today in the management of his pe
Markets correspondent Jared Blikre takes a look at the declining pricing for cryptocurrencies bitcoin and ethereum as the FDIC issue letters to five crypto companies.
Investors on the hunt for safe dividends should consider the Dividend Kings, a group of just 45 stocks that have increased their dividends for at least 50 consecutive years. Of the Dividend Kings, three in particular have high yields above 4% and safe dividends. AbbVie Inc. is a pharmaceutical company spun off by Abbott Laboratories in 2013.
Oil stocks and chemicals dominate this list of today's fastest-growing stocks, all eyeing 111%-762% EPS gains this year.
There's a bond that pays a 9.62% interest rate and is guaranteed by the U.S. Treasury. Investors should keep some limitations and conditions in mind before investing, but as inflation has topped 8% since March 2022, this could be an … Continue reading → The post Want 9.62% Yield Guaranteed? Seriously, Try This Asset appeared first on SmartAsset Blog.
Yahoo Finance Live co-anchor Seana Smith looks at several trending stocks moving in after-hours trading.
Back up the EV on shares of General Motors, says this one analyst.
One of the big reasons for investing in real estate investment trusts (REITs) is the kind of dividends many pay. While Treasury bonds are just beginning to catch up with inflation, some REITs offer better yields as long as investors are willing to accept the risks attached to owning them. Here are seven REITs with better-than-average, hard-to-ignore dividend yields: AGNC Investment Corp. (NASDAQ: AGNC) is paying 11.36% at a price of $12.57. The Bethesda, Maryland-based company specializes in res
The real estate investment platform backed by Amazon.com Inc (NASDAQ: AMZN) founder Jeff Bezos has continued ramping up its acquisitions of single-family rental homes in several U.S. markets. Arrived Homes acquires single-family homes to use as rental properties, then sells shares of these properties to investors through its online platform. The demand for rental property shares has grown exponentially so far in 2022, with more homes funded in July than the entire first quarter. The company has
Scott Burg, the chief investment officer of Deer Park Road Management Co, who made the prediction that Tesla would be "squashed like a bug" in a 2020 tweet, bought put options on almost 4.8 million Tesla shares during the second quarter, according to a regulatory filing this week, Bloomberg and Barron's reported.
Get ready. Anything can happen.
An EV startup whose sleek design reminds some people of the Batmobile, accumulates losses and internal struggles.
Microsoft co-founder Bill Gates bought $32 million more of shares of Ecolab, a provider of water-treatment and hygiene goods and services.
An author and a financial planner give their tips gleaned from weathering the high inflation and interest rates of the 1980s.
(Bloomberg) — One big force at the center of the two-month equity rally is showing signs of fatigue. Most Read from BloombergUS Mortgage Lenders Are Starting to Go BrokeMueller Memo Advising Barr on Trump Findings Is Ordered ReleasedWhite House Says Zelenskiy Should Join G-20 If Putin AttendsApple Targets Sept. 7 for iPhone 14 Launch in Flurry of New DevicesStocks Slide as Short-Sellers Cash In on Fedspeak: Markets WrapIt’s the behavior of short sellers, whose frantic efforts to unwind bearish
The stock rose as much as 272% but is up about 175% as of 1:25 p.m. ET. The tech stock's gain came on the day of its initial public offering (IPO). Given the way the stock is soaring, the market apparently thinks the IPO was underpriced.
A distressed market can be a scary place to invest your hard-earned money. Generally, companies that consistently pay and hike dividends are stable and safe stocks, so investors looking to earn some regular income in a volatile market should consider solid dividend stocks. Its consistent dividend hikes for 66 years are a sign of how secure the company is amid market highs and lows.
It’s been a good year for energy stocks. The S&P 500’s XLE is up nearly 40% since the beginning of January — by far outperforming the broader market.
These stocks have the ability to raise their dividends at a high level each year, while they also have solid yields right now.
Warren Buffett is considered by many to be the most successful investor in history. When the Oracle of Omaha acquired Berkshire Hathaway in 1965, the company that would serve as the foundation for his world-beating investment empire had a price of $18 per share. While the law of large numbers suggests Berkshire is unlikely to repeat that performance, the company is significantly outperforming the S&P 500 this year, and investors could benefit by taking inspiration from its stock holdings.
