VIDEO: Does Financial Literacy Really Make a Difference?

by Dan Dorval & Leah Woodly

In this video, Leah and Dan dive into a recent report by the World Economic Forum, which highlights a concerning trend: financial literacy in the U.S. is on the decline. In our conversation, we discuss the key findings from the report and share our insights on why financial literacy is declining. We also talk about the importance of understanding your finances, including basic budgeting, saving for the future, and how to get started on the path to financial wellness.

This material is intended for educational purposes only. You should always consult a financial, tax, or legal professional familiar with your unique circumstances before making any financial decisions. Nothing in this material constitutes a solicitation for the sale or purchase of any securities. Any mentioned rates of return are historical or hypothetical in nature and are not a guarantee of future returns. Past performance does not guarantee future performance. Future returns may be lower or higher. Investments involve risk. Investment values will fluctuate with market conditions, and security positions, when sold, may be worth less or more than their original cost. Dorval & Chorne Financial Advisors is a registered investment adviser with the SEC. Registration of an investment adviser does not imply a certain level of skill or training.