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BayPort Credit Union enlisted the help of LifeCents' wellness platform as part of its ongoing youth and adult education efforts to combat financial illiteracy in its Hampton Roads, Va., community.
Massive debt and meager savings are symptoms of inadequate financial understanding, a major problem for many individuals in the U.S. Not knowing how to manage personal finances also carries a high cost, with a National Financial Educators Council survey estimating financial unawareness costed respondents over $1,230 in 2018.
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Roy Urrico
Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).
