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How are your finances?

(Susan Parker)
(Susan Parker)
Reported by: Susan Parker
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Updated: 10/30/2013 8:35 am
TUPELO, Miss. (WTVA) — How are your finances? The outlook is rather bleak if you ask Mississippi Treasurer Lynn Fitch.

She says a recent national report from a leading regulatory authority shows 64 percent of Mississippians do not have any savings, 41 percent have unpaid medical bills and 10 percent owe more on their home than it's worth.

Treasurer Fitch says fiscal responsibility should be taught in school beginning at a young age.

She is traveling the state to build support for more financial literacy programs in schools.

"If we don't, it will hurt us as we try to attract new industries and grow our existing businesses and to make our workforce more prepared is the next step."

Fitch says Mississippi is considered to be the least financially capable state in the country.
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