{"id":2115,"date":"2018-10-25T15:19:46","date_gmt":"2018-10-25T20:19:46","guid":{"rendered":"https:\/\/www.rixtrema.com\/blog\/?p=2115"},"modified":"2018-10-25T15:19:46","modified_gmt":"2018-10-25T20:19:46","slug":"why-401k-financial-literacy-should-never-be-overlooked","status":"publish","type":"post","link":"https:\/\/rixtrema.com\/blog\/why-401k-financial-literacy-should-never-be-overlooked\/","title":{"rendered":"Why 401k Financial Literacy Should Never Be Overlooked"},"content":{"rendered":"

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In 401kSpecialistMag\u2019s recent interview<\/a><\/span> of Heffernan Financial Services\u2019 Blake Thibault, we heard about the importance of 401k financial literacy for somebody\u2019s financial wellness. How can somebody be financially well if they don\u2019t understand many basic principles of financial literacy? The answer is that it\u2019s pretty difficult. Many people still aren\u2019t very educated on how to balance a budget, pay down debt efficiently, and other basic financial principles.<\/span><\/p>\n

Educating investors<\/span><\/a> on how to properly manage their finances on a fundamental level can be just as important as helping them to properly invest their savings for retirement. In fact it increasingly seems like a bigger barrier to people saving for retirement than ever before. When it comes to feeling financially secure, it\u2019s incredibly important for people have a good grip on their personal finances, budget, etc. If they don\u2019t feel comfortable with the basics, they won\u2019t feel comfortable with investing in the market. The role of financial advisors as educators is a huge theme right now, and going to become more and more important as new investors in younger generations are joining the workforce.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

In 401kSpecialistMag\u2019s recent interview of Heffernan Financial Services\u2019 Blake Thibault, we heard about the importance of 401k financial literacy for somebody\u2019s financial wellness. How can somebody be financially well if they don\u2019t understand many basic principles of financial literacy? The answer is that it\u2019s pretty difficult. Many people still aren\u2019t very educated on how to… <\/p>\n

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