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Lessons From The Economic Downturn

Wednesday, December 26, 2012

Poll Says Georgians Wiser About Money Matters

Georgia Credit Union Associates reports results of recent poll on saving, credit cards and retirement.

Georgians say they are wiser than they were a year ago when it comes to money matters. According to a recent poll by Duluth-based Georgia Credit Union Affiliates, 71.5 percent of respondents report that they have learned at least one money lesson in the past 12 months. Respondents say they learned lessons about: Among the popular savings lessons learned are: With credit cards, many consumers have learned to use cards for emergencies only or have chosen to forgo additional charges until the balance is paid in full. Finally, many Georgians have learned the importance of planning now for their retirement years by investing in an employer-supported retirement plan or opening an IRA. Other areas in which people report learning money lessons …

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