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The Importance of English Proficiency in Financial Wellbeing

Mar 14, 2024, 12:30 PM
The Importance of English Proficiency in Financial Wellbeing
Super Text :
Full Content Date : March 14, 2024
Full Content Page Count : 8
Volume Number : 495
In the United States, more than 350 languages are spoken. English is predominantly spoken to communicate among the 1,500 different races and ethnicities residing in the country.  This Fast Fact explores the significance of English proficiency in achieving financial wellbeing. Income and ownership rates of various assets and financial tools are analyzed among three English proficiency groups using survey responses of adults ages 21 or older.
Full Content Product / Source : EBRI Fast Facts
Access Package : PUBLIC
Topics :
  • Financial Wellbeing
  • Retirement
Tags :
  • dei
FF.495.EnglishProficiency1.14Mar24
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EBRI Fast Facts

The Importance of English Proficiency in Financial Wellbeing

Mar 14, 2024 ,  8  pages

Summary

In the United States, more than 350 languages are spoken. English is predominantly spoken to communicate among the 1,500 different races and ethnicities residing in the country.  This Fast Fact explores the significance of English proficiency in achieving financial wellbeing. Income and ownership rates of various assets and financial tools are analyzed among three English proficiency groups using survey responses of adults ages 21 or older.