Financial Literacy Statistics

Financial Literacy Statistics - MarketWatch

A new MarketWatch Guides study finds that higher financial literacy correlates with better money management, but only 57% of U.S. adults are ...

Half of US adults lack financial literacy, survey shows

In the US, financial literacy is hovering at around 50%, according to an annual survey, with the EU also under-performing. The World Economic ...

Financial Literacy Statistics (2024) - WalletHub

47% of US adults continue to give their personal finance knowledge a grade of “C” or worse, an increase of approximately 12% from results of the same survey in ...

Financial Literacy Statistics: United States & Global | NFEC

These statistics show that financial awareness is missing in most homes and financial education is absent from most school systems throughout ...

Financial Literacy Around the World:

... financially literate (Figure 1). But even across these countries, financial literacy rates range widely, from 37 percent in Italy to 68 percent in Canada.

Financial well-being and literacy in a high-inflation environment - TIAA

On average, U.S. adults correctly answered 48% of the index questions in 2023. This figure was 53% among men and 43% among women. Financial literacy tends to be ...

Key Financial Literacy Statistics in 2023 - Annuity.org

37% of adults say they're just getting by financially and 60% of adults don't believe their retirement savings are on track.

Financial Literacy Among American College Students | EBSCO

While personal finance is becoming a required course in many American high schools, more than 40 percent of college students are still not ...

NCES Blog | Money Matters: Exploring Young Adults' Financial ...

The 2018 financial literacy cycle assessed approximately 117,000 students, representing about 13.5 million 15-year-olds from 20 education ...

10 Eye-Opening Financial Literacy Statistics - OppU - OppLoans

Here are 10 statistics that illustrate the state of financial literacy in America. No. 1: 56% of adults are financially anxious.

57% Of Americans Can't Even Score 50% On A Financial Literacy Test

A new report from the Global Financial Literacy Excellence Center shows that the average American scored just 48% on a financial literacy test.

Financial Illiteracy Statistics: Recent Data, Causes & Solutions | NFEC

Individuals afflicted by financial illiteracy are simply not able to discern between different financial choices and are often unable to reach ...

20+ Compelling Financial Literacy Statistics [2023] - Zippia

As of 2023, only 57% of Americans are financially literate, and that number seems to be going down generationally.

The Financial Literacy Crisis in America: 2023 Report - Ramsey

The Financial Literacy Crisis in America 2023 report focuses on the lack of personal finance education in America and its lasting effects on ...

The State of Financial Literacy in the U.S. - CivicScience

Looking at yearly averages, a larger percentage claim to be financially illiterate this year (10%) compared to 2021 (9%). In addition, more ...

Over one in three Americans are not considered financially literate

The average American rates their level of financial literacy as a 6.2 out of ten. · Boomers (6.1), Gen X (6.3), and Millennials (6.1) rate ...

The Cost of Financial Illiteracy - IFAC

Extrapolating the results to represent the 254 million adults who live in the U.S., lack of financial literacy cost Americans a total of more ...

15 Interesting Financial Literacy Statistics in 2024 - Millennial Money

60% of women and 53% of men worry about their financial future. With low levels of financial literacy, high inflation rates, and depleted savings accounts.

Facts About Youth Financial Knowledge & Capability

The average loan student debt for students graduated from college in 2022 was $37,5746. · The average college student has approximately $3,100 in credit card ...

Financial Literacy: What It Is, and Why It Is So Important To Teach ...

Benefits of Financial Literacy · Financial literacy can prevent devastating financial mistakes · Financial literacy prepares people for financial emergencies ...