

About the Coalition
The Coalition for Financial
Security's mission is to educate policymakers,
financial providers, and the public about the
lack of financial security among millions of
hard-working Americans, and help determine and
advocate for effective solutions.
There is a very serious gap
between Americans who have the knowledge and
resources needed to enjoy the benefits of banking products,
life insurance and mutual funds,
and those who may have savings but are unable to
utilize the financial tools that will help them
invest for the future and improve their lives.
Our goal is to explore
effective solutions that will bridge this gap so
that more hard-working Americans will learn
about and secure the financial knowledge and tools that have
become an important part of achieving the
American dream. By examining why many Americans
may be unaware of the need for such tools, and
why others choose not to utilize them, we hope
to find answers that will help more Americans
get ahead.
In December 2005, the
Coalition for Financial Security released a poll
with the League of United Latin American
Citizens (LULAC) that highlighted some of
the sources of financial insecurity. The poll
revealed a very serious knowledge gap and a
savings gap among Americans who have the
finances to save but do not know how to utilize
financial tools and do not have contact with
financial professionals who can help educate
them.
Given the poll’s findings,
the Coalition’s focus is on two areas:
- Exploring effective public
policy solutions to increase
financial literacy
- Promoting public and
private-sector policies that
will help put more financial
professionals in contact with
hard-working Americans
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