Financial Literacy Month How to build best foundation for financial wellbeing

Financial Literacy Month How to build best foundation for financial wellbeing

CHICAGO (WLS) — April is Financial Literacy Month, and now is a great time to examine your spending habits.

Over one third of people have more credit card debt than emergency savings, the highest percentage in 12 years, according to a recent Bankrate survey. As inflation continues to pinch wallets, it is now more important than ever to make smart money decisions.

Pratik Patel from BMO Family Office gave ABC7 some financial pointers to help consumers get on the right track:

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