86% of Americans, including older consumers, are digitally literate and well-equipped to use digital platforms to meet their routine banking needs Despite high rates of digital literacy, 40% of ...
Financial literacy forms the foundation for managing money effectively throughout life. Knowing the basics of money ...
Most millennials can’t answer simple financial questions correctly, according to a new nationwide survey. Only 17 percent of working Americans ages 25-40 could answer five basic financial literacy ...
Financial literacy refers to the understanding and capability to make informed and efficient decisions about personal financial resources. It encompasses the knowledge of how money works in the world: ...
Student loans. Credit cards. Buy now, pay later. Traditional IRAs, Roth IRAs, and 401(k)s. Fixed-and adjustable-rate mortgages. This list scratches the surface of complex financial decisions and ...
Recent studies have highlighted a concerning trend regarding financial literacy among young adults aged 18-27. Notably, a collaborative study by the TIAA Institute and the Global Financial Literacy ...
America’s financial literacy report card is in, and the results aren’t good. Only 27% of U.S. adults passed a seven-question quiz about basic financial concepts, according to results from the FINRA ...
76% of millennials lack basic financial knowledge. Two-thirds of Americans don’t understand basic financial concepts. For example, they can’t compute the interest on a $20,000 loan with a 10 percent ...
It’s hard to find time in the school year for everything a student should learn before graduating from high school. Practical education courses we remember from high school, like home economics and ...
Balancing a checkbook. The basics of taking out a business loan. The impact of a home mortgage. For the average high school student, these don’t sound like exciting concepts. And in adulthood, they ...