Are your drivers, operators, or warehouse technicians financially struggling?
In 2024, 17% of those surveyed believed that lack of knowledge about personal finances had cost them between $1,000 and $2,499 throughout the year.¹
37.6% of American consumers have poor/fair credit scores or limited credit history²
Compared with those with a very high level of financial literacy, those with a very low level are twice as likely to be debt-constrained³
Sources:
¹National Financial Educators Council Financial Illiteracy Survey
²Sources: Federal Reserve Bank of New York Consumer Credit Panel/Equifax Data and Federal Financial Institutions Examination Council Census Flat File
³2024 TIAA Institute-GFLEC Personal Finance Index
Inside the Report
Financial Fear:
Industry automation affecting his job
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