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 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: ...

In an increasingly complex financial world of buy-now-pay-later schemes, scams, and social media marketing, there are renewed calls for financial literacy to become a mandatory part of the school ...

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.

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 ...

WASHINGTON, DC - MAY 29: U.S. Secretary of the Treasury Scott Bessent gives remarks during a roundtable meeting at the U.S. Treasury Department on May 29, 2025 in Washington, DC. Bessent addressed ...

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.

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 ...

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 ...

A report released Nov. 26 by PiP World suggested that the crypto community’s financial literacy rate may be “dangerously low,” lagging well behind the financial literacy average in the United States.