CFPB issues scale to measure financial well-being

Barbara S. Mishkin Last week, the CFPB released “A guide to using the CFPB Financial Well-Being Scale.”  The guide builds on a report issued by the CFPB in January 2015, "Financial well-being: The goal of financial education,” in which it defined “financial well-being” as  a state of being wherein people: Feel in control of their day-to-day and month-to-month finances... More >...(read more)

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