November Poll

Financial literacy is the knowledge, skills and confidence to make responsible financial decisions. Do you believe your clients are financially literate?


Some of my clients understand their financial statements, but most of them rely on me to tell what is important.

By Darlene Williams on November 15, 2019

Clients tend to think they are literate but in reality they miss out on the important stuff.

By CONNIE BROWN on November 12, 2019

No, I am afraid my clients are not financially literate and show no interest in becoming so. Their financial expertise ends with spending more than they have and then misusing the credit cards. I have tried to impart a little financial knowledge, but since it involves not spending everything faster than it comes in, they have no interest. Most of them don’t want to be bothered with actually earning any money, because the government is always ready with a handout. It is very sad.

By Mitzi-Lynne Morgan on November 07, 2019

The more we educate ourselves, the greater value we are towards educating our clients.

By Karen Costello on November 07, 2019

A small percentage are financially educated the rest are seeking direction. By the time they have been with us a few years they are much more comfortable and able to ask good question.

By Judy Butterworth on November 06, 2019

I totally agreed that financial literacy are very important professionally in order to take financial decisions, but all of the clients were not financially literate but it is our professional responsibility to advise them accordingly.

By MANOJ KUMAR on November 06, 2019

Generally my clients are not that financially literate I consider it part of my job to change that.

By Stephen Pluhar on November 06, 2019

Many of my clients are - or were - low income.  They are afraid to take ANY risk with their limited resources, and often their social services workers are unaware of new/changing rules relating to client finances.  How can these most vulnerable clients make responsible financial decisions when they are made to feel like second-class citizens?

By Rosalind Kemp Gleave on November 06, 2019

I would say that less than half of my clients are some what Financially Literate. Socio economic class generally has the most to do with where an individual stands on that scale, but not always.

By Roberto on November 06, 2019

I find that the level of literacy varies based on type of employment and industry. The income levels do not appear to have much of an impact on financial literacy. However higher incomes do allow for the affordability of people who are financially literate

By Patrick Bailey on November 04, 2019