With April being National Financial Literacy Month and less than half of adults setting a budget, the free credit score website WalletHub released its report on 2023’s Most & Least Financially Literate States, which analyzes financial-education programs and consumer habits in each of the 50 states and the District of Columbia, along with expert commentary.
With April being National Financial Literacy Month and financial responsibility especially important during the COVID-19 pandemic, the free credit score website WalletHub today released its report on 2021’s Most & Least Financially Literate States, as well as accompanying videos, which analyzes financial-education programs and consumer habits in each of the 50 states and the District of Columbia.
The study uses a data set of 17 key metrics, including the results of WalletHub’s WalletLiteracy Survey, which range from high-school financial literacy grade to share of adults with a rainy-day fund.
Financial Literacy in California (1=Most Financially Literate, 25=Avg.):
32nd – WalletHub’s ‘WalletLiteracy Survey’ Score