Mark Hauser, the co-managing partner at Hauser Private Equity, highlights the importance of financial literacy, and its role in overall long-term financial management and investments.
In today’s complex financial landscape, American consumers have an ever-increasing number of demands for their money. They are repeatedly bombarded by texts, emails, and TV commercials hawking a product or service.
Although many advertisers have legitimate offerings, the ads may most appeal to consumers without a money management framework. Stated another way, these consumers may be lacking in financial literacy. Fortunately, says private equity expert Mark Hauser, improving financial literacy is within reach of individuals in every income bracket.