New Jersey is the fourth most financially literate state in the country according to a report released by the credit score website WalletHub. WallebHub’s report, “2019’s Most & Least Financially Literate States,” compared the 50 states and the District of Columbia across three key dimensions including: WalletHub’s “WalletLiteracy Survey” Score; financial planning and habits; and financial knowledge and education.
The study uses a data set of 17 key metrics, including the results of WalletHub’s WalletLiteracy Survey, which range from high-school financial literacy grades to the share of adults with a rainy-day fund.
A breakdown of New Jersey’s specific rankings can be found below.
Financial Literacy in New Jersey (1=Most Financially Literate, 25=Avg.):
Top 10 Overall Financial Literacy Ranks
|Overall Rank*||State||Total Score||‘WalletLiteracy’ Rank||‘Financial Planning & Habits’ Rank||‘Financial Knowledge & Education’ Rank|
For the full report, please visit: http://wallethub.com/edu/most-and-least-financially-literate-states/3337/
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