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Apr 12, 2022
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Carrie Schwab-Pomerantz is Chair of the Board and President of the Charles Schwab Foundation; senior vice president of community service at Charles Schwab & Co., Inc.; and Chairman of the Board of Schwab Charitable, a donor-advised charitable giving fund. In his multiple roles with different Schwab organizations, Schwab-Pomerantz is a torchbearer for his father buy email list Charles Schwab, who founded the company and pioneered a model that served the interests of consumers above stockbrokers. movables. In his remarks, Schwab-Pomerantz pointed out some troubling trends. Anecdotally, according to Schwab-Pomerantz, America is a nation of spenders, not savers. She told the public about her encounters with powerful lawyers and Goldman Sachs bankers who asked her for help in saving money. Then there's the buy email list research on macroeconomic trends in America indicating that 43.7% of American households haven't saved for an unexpected expense or emergency in the last 12 months, and 26.9% of households were " unbanked" or "underbanked", meaning they either do not participate in the banking system or rely on non-traditional banks and finance. Pie chart of 2015 FDIC National Survey of Unbanked and Underbanked Households Image credit: Federal Deposit Insurance Corporation In his speech, it is also clear. Schwab-Pomerantz strongly believes in individualism buy email list and the importance of financial literacy as a touchstone that will help people help themselves by increasing their personal wealth and avoiding unhealthy investments. A writer and champion of financial literacy, Carrie's values ​​are displayed through her various speaking engagements, her national financial advice column, "Ask Carrie," and in her seminal book, Charles Schwab's Guide to Finances After Fifty, The:Answers. to your most important money matters . Screen capture from Schwab MoneyWise website. Today, the Charles Schwab Foundation publishes content such as the “Ask Carrie” column as well as a collection of common personal finance tools available on its website.
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