By Jasmine Browley ·Updated May 21, 2023
According to a new survey on financial literacy, about 40% of Black Americans individuals aren’t able to pay all of their bills.
This comes from research presented in the 2023 Personal Finance Index report, conducted by the TIAA Institute and the Global Financial Literacy Excellence Center (GFLEC) at the George Washington University School of Business.
The research revealed some 24% of Black Americans reported decreased retirement savings and 13% have
