What Type of Planner are You?

Yesterday, the Consumer Federation of America and the Certified Financial Planner Board of Standards released new research that shows that close to nine in ten American households are engaged in some type of formal or informal financial planning but the extent of this planning varies greatly.

The study identified four distinct financial planning profiles that include all American households:

The study also found that the more extensively households plan:

Find yourself in the limited planner or non-planner category or want to take charge of your finances? Take the first step by choosing a savings goal and making a plan to save by Pledging to Save today. When you pledge to save you can choose to receive monthly emails or text messages to help you stay motivated.