Many American consumers fail to grasp the basic math of inflation, according to a large-scale study of financial literacy. The FINRA Investor Education Foundation, a financial education nonprofit, ...

April is National Financial Literacy Month. To mark the occasion, MarketWatch will publish a series of “Financial Fitness” articles to help readers improve their fiscal health, and offer advice on how ...

While there’s been a slight uptick in financial literacy among young people, Americans’ overall financial knowledge and understanding is still shy of what they need to get through life, according to ...

If you ask any adult educated in the U.S. whether they got a solid financial education in grade school, the answer is probably “no.” Instead, people learn the hard way. “At 18 years old, I had a car ...

The latest numbers on financial literacy are out, and they aren't pretty. U.S. adults got just 49% of the questions right on this year's personal finance index test, according to the 2025 Personal ...

If you think you are financially literate, then try to answer this question: How much of your healthcare expenses do Medicare and other government programs cover in retirement? Over 90%? About ...

In my September 2024 “Money Smart Women” column, I referred to the “Big Three,” a trio of multiple-choice questions designed more than 20 years ago to measure respondents’ knowledge of the ABCs of ...

The FINRA quiz focuses on seven questions that cover common financial topics: interest rates, inflation, bond prices, mortgages, stocks, debt, and probabilities. These are all issues that come up in ...

If you think you’ve mastered financial basics, you’re either overconfident or in the minority. A new report from the Global Financial Literacy Excellence Center shows that the average American scored ...

For comparison, the nationwide average score for 15-18-year-olds – among the 52,572 total participants from this age group who have completed the test to date – is 64.04%. Thus Massachusetts teenagers ...

Active-duty servicemembers are a financially literate lot, earning an average grade of 77 percent on a test of financial knowledge jointly commissioned by Fort Worth-based First Command Financial ...

Financial illiteracy costs the average American $1,015 a year. This isn't just some abstract statistic — it's real money lost to bad budgeting, high-interest debt, and missed chances to grow wealth.