Many Americans lack basic personal finance knowledge, but there are plenty of opportunities to learn.

More than half of the U.S. population is not financially literate. Misunderstandings about money and mistrust in financial institutions is costly to consumers. Money skills are often not taught at ...

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: ...

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 ...

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 ...

A program that taught basic financial concepts through two-minute stories improved adults' financial knowledge, showing promise as an easy-to-implement real-world tool. Poor financial literacy is a ...

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 ...

American adults have hit a new bottom in basic financial knowledge. On topics like spending, borrowing, investing, and retirement, US adults correctly answered only 47% of questions on the TIAA ...

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.