Financial literacy starts at home

Financial literacy is low among many U.S. adults. Despite the substantial economic impact African Americans have in the United States, their financial well-being falls behind the national average. The P-Fin Index is& an annual survey developed by the& TIAA& Institute and the Global Financial Literacy Excellence Center to measure financial literacy. On average, African American adults answered 37% of the P-Fin Index questions correctly; only 28% answered over one-half of index questions correctly, with 5% answering over 75% correctly. RELATED: 100 Black Men of Indianapolis wins National Chapter of the Year Financial literacy: KeyBank “As an associate relationship manager, I am part of a dedicated team that designs and implements comprehensive wealth strategies to build, maintain and protect the wealth of our clients in any market environment,” said Rebecca Lomax with KeyBank. “Our team delivers financial planning, investment, fiduciary, banking and credit insurance and business solutions tailored to meet the specific goals and needs of our clients.” Since 2006, KeyBank has offered employee resource groups, known as Key Business Impact and Networking Groups (KBING). The African Heritage KBING is focused on creating an inclusive and stronger workplace for the bank’s Black employees. It plays an important role in KeyBank’s diversity,...