Great Recession Created a Historic Racial Wealth Gap

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Great Recession Created a Historic Racial Wealth Gap

Jul 26, 2011

The statistics are staggering and sobering, but is there anything to be done about them?...

For individuals and families, it comes down to preparation. "Immediately build an emergency fund so as to avoid additional debt in event of unanticipated expenses, market declines, recession," says Eleanor Blayney, a CERTIFIED FINANCIAL PLANNER[™ professional] and consumer advocate for the CFP Board of Standards. "Prepare a budget -- absolutely the best way to 'find' potential for additional savings or funds for paying down debt." Read more >

Daily Finance
Sheryl Nance-Nash
July 26, 2011

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CFP Board’s leadership and representatives are available for interviews and speaking engagements on personal finance, the financial planning profession, CFP Board and the CFP® designation.

Did You Know?

Among clients who work with an advisor, 87% of those working with a CFP® professional are satisfied or very satisfied, compared with 72% of those who work with an advisor without certification.
Anyone can call themselves a “financial planner.” Only professionals who meet CFP Board’s rigorous standards can call themselves CERTIFIED FINANCIAL PLANNER™ professionals.
The 2013 Household Financial Planning Survey shows that those with a financial plan feel more confident and report more success managing money, savings and investments than those without a plan.
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