With April being National Financial Literacy Month and less than half of adults setting a budget, the free credit score website WalletHub released its report on 2022’s Most & Least Financially Literate States, as well as accompanying videos and expert commentary, which analyzes financial-education programs and consumer habits in each of the 50 states and the District of Columbia.
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 grade to share of adults with a rainy-day fund.
Financial Literacy in New Jersey (1=Most Financially Literate, 25=Avg.):
For the full report, please visit: https://wallethub.com/edu/most-and-least-financially-literate-states/3337
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