Top 10 dumbest states for financial literacy: 2015
April 21, 2015 by Dan Berman
Last week, we looked at WalletHub.com’s ranking of the 10 smartest states for financial literacy. Now we look at the states with the lowest financial IQ, whose citizens are more likely to have credit card debt, less likely to have formulated a household budget and more prone to spending more than they earn.
WalletHub noted that overall, there is a huge financial literacy problem in the U.S. To determine financial literacy, WalletHub assessed states based on two categories: knowledge & education; and planning & daily habits.
Originally Posted at LifeHealthPro on April 16, 2015 by Dan Berman.
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