Complete Description:To understand the wide range of information sources consumers could be exposed to in making financial decisions, we commissioned a study of the size and scope of the financial information field. The results give an overall indication of the relative amounts spent in the U.S. on financial education and on the marketing of certain types of financial products. The report found that for every dollar put towards financial education, $25 is spent on financial marketing, which can make it difficult for consumers to find objective information.
Date Published:Monday, November 18, 2013
Funding Agency: Consumer Financial Protection Bureau
Type: Report;
Language: English
Audience: Researcher, Teacher