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Ask business owners what worries them and they are likely to mention economic volatility, taking risks, adequate working capital, and cash flow. But there is one thing that often keeps them awake at night: succession planning. Who will take over the business when they are ready to retire?
Personal financial literacy is a life skill that can make a huge difference in the lives of Wisconsin citizens. People who are adept at making informed decisions about their finances are better able to survive in the ever-changing world of financial services. By arming people with the proper information about financial matters, we empower them to achieve true independence. That’s good for them and good for the Wisconsin economy.