Page 17 - Payne Research Center ~ Money Matters

P A YN E C E N T E R . OR G
THEME 1
Financial Challenges Faced by Families
Findings
More than two-thirds of students indicated that their families had faced some financial challenge due to a lack of understanding of money. As shown in Figure 1, those who did report financial challenges with their families often selected multiple reasons with Education, Housing, and Transportation as the three most common.
None of the Above Education Housing Transportation Food Medical All of the above Other Child Care
Figure 1
Family Financial Challenge by Type
What kind of Financial Challenges has your family faced due to lack of understanding of money?
Source:
Financial Well-Being Survey
51
59
107
115
124
152
179
187
44
0 50
100 150 Responses
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