The 5 most financially literate states in the U.S. — and the 5 least |
The 5 most financially literate states in the U.S. — and the 5 least
'It’s not surprising that the most financially literate states all require personal-finance education before students graduate from high school,' said one analyst.
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With tariffs, war, and inflation woes, financial literacy is more important than ever.
WalletHub set out to find the most financially literate states, where residents know how to stick to their budget, invest money, and build a nest egg for retirement.
“Too many Americans lack comprehensive financial literacy, which causes them to have lower credit scores, prevents them from getting credit with good interest rates and lowers the amount of wealth they build throughout their life, among other negative consequences,” said WalletHub analyst Chip Lupo.
To pick the states where people seem to have the greatest understanding of their finances, WalletHub looked at more than a dozen metrics, including the median........