Almost halfway to the goal of educating 1 million adults and youth by the end of 2025
St. LUIS, August 15, 2022 /PRNewswire/ — Financial services firm Edward Jones today announced advancements in its commitment to build financial knowledge and confidence through its Financial Fitness Program. After National Financial Awareness Day Sunday, August 14Second, the company has officially reached more than 400,000 learners, almost halfway to its goal of reaching 1 million learners by the end of 2025.
The need for financial education comes at a crucial time with the arrival of the back-to-school season. Against a backdrop of rising inflation, continued socio-economic pressure and other financial concerns, Edward Jones The 2022 Awareness Survey 529 found that nearly half of Americans (45%) say they don’t think they are saving enough to cover future education expenses.
“This year’s back-to-school season comes with increased anxiety, emphasizing the importance of educating families and students about how they can save and plan for education expenses” , said Vanessa Okwuraiwe, director of Edward Jones. “We know these dynamics can be daunting, so giving people tangible tools to increase financial resilience for themselves and their families will create opportunities for 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 through understanding personal finance concepts through a digital education platform and learning experience. As of 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 evaluation 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 achieve long-term finances. goals
“Investing in our youth, in our communities, is key to building economic equity and creating a strong financial future early on,” Okwuraiwe said. “Creating access and knowledge allows young people to be better prepared and confident to make smarter financial decisions as they enter adulthood.”
It is part of the Financial Fitness program Edward Jones continuous efforts to partner to achieve a positive impact to improve the lives of their clients and colleagues, and together, improve their communities and their society. The most recent, Edward Jones The grassroots task force met with US lawmakers 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 company, provides financial services in the US and through its subsidiary a canada. The firm’s nearly 19,000 financial advisors serve more than 8 million clients with a total of 1.7 trillion dollars in the client’s assets under care. Edward Jones The goal is to partner to achieve a positive impact to improve the lives of your clients and colleagues, and together, improve our communities and our society. Through the dedication of the company’s 50,000 associates and our branch presence in 68 percent of US counties, the company is committed to helping more people achieve financially what matters most to them. Edward Jones’s website is a https://www.edwardjones.com/and their recruiting website is https://careers.edwardjones.com/. SIPC members.
SOURCE Edward Jones