If you chose “about two-thirds,” you’re correct, and you’re in the minority. Only about one in four Americans answered that question right on a financial literacy quiz, completed online in January by ...
Olivia Peluso is an experienced journalist with over 1,500 published stories across personal finance, economics, and public policy. Katie Miller is a consumer financial services expert. She worked for ...
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, ...
A new survey found that most Americans were not able to pass a quiz on financial literacy that had just seven questions. The Financial Industry Regulatory Authority (FINRA) recently conducted one of ...
Ours is a nation with shockingly poor financial literacy. Many Americans don’t comprehend common, elementary financial terms such as “Roth IRA” and “mutual funds.” The lack of understanding money and ...
In my September 2024 “Money Smart Women” column, in Kiplinger Personal Finance, I referred to the “Big Three,” a trio of multiple-choice questions designed more than 20 years ago to measure ...
The Seven Stars in Eccleston is taking part in the new UK-wide scheme, led by Robinhood UK, to make financial education more accessible through pub quizzes. The initiative aims to make learning about ...
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 ...