Cake & Arrow Publishes Study Exploring Financial Literacy and How Insurance Can Support Customers in Their Journeys Toward Financial Freedom

NEW YORK, Jan. 10, 2023 /PRNewswire/ — 78{a652ac39cb023ff8fd1cc85f4393f5b1bb70bf2f880b7bee35f712e4bd8633f7} of People in america agree that universities have to have to do additional to instruct kids about funds, in accordance to results from a current survey by Cake & Arrow. While these results propose a consensus all around the perceived need for improved economic literacy amid Americans, the study discovered there to be minimal consensus about what economical literacy usually means to Us residents and how it could best be reached.

These results are revealed in a new report by Cake & Arrow entitled Insurance plan & Particular Finance: Toward a new understanding of fiscal literacy. The report explores what it implies to be monetarily literate in present day risky overall economy and fast transforming technological landscape, and how the insurance policies business can guidance shoppers in their journeys towards financial liberty. Audience of the report will have obtain to:

• Further findings from the study, like generational variations in how people think about revenue and monetary literacy and details on what People in america are (and are not performing) in their pursuit of monetary achievements
• A new model for thinking about money literacy that surfaces vital personas together a spectrum of fiscal independence and self esteem
• Opportunities for insurers to push economical literacy and assist clients in their journeys towards monetary liberty

“The earth of private finance has hardly ever felt far more fascinating and additional unpredictable. As new financial realities converge with an explosion of digital financial tools, the methods that individuals are wondering about and controlling their money is fast evolving. The coverage business requires to be tuned in,” stated Josh Levine, Cake & Arrow Founder & CEO. “Our most recent research not only attracts a line amongst economic literacy and financial nicely-currently being, but surfaces alternatives for how insurers can be driving, not just supporting, money literacy and eventually money independence for its shoppers.”

For access to the complete results, download a complimentary copy of the report right here: go.cakeandarrow.com/insurance plan-and-own-finance

About Cake & Arrow

Cake & Arrow is an practical experience style and design and innovation agency that operates with corporations in the insurance plan and economic companies industries to detect new possibilities and structure digital goods and expert services that are grounded in serious consumer demands. Their mission is to assistance these companies develop reliable and significant associations with their buyers, brokers, and personnel.

Founded in 2002, Cake & Arrow has partnered with foremost Fortune 500 companies which includes Vacationers, Chubb, MetLife, Northwestern Mutual, and American Relatives Insurance as nicely as identified leaders in retail which includes Bose, Lowe’s, Sort snacks, and Saks Fifth Avenue.

Media Get hold of:

Emily Cardineau

212-598-2800

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Resource Cake & Arrow