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20 states with the highest degree of financial literacy among residents

December 19, 2023
in Accounting
Reading Time: 1 min read
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20 states with the highest degree of financial literacy among residents
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Enjoy complimentary access to top ideas and insights — selected by our editors.

Most people seem confident that they have a good handle on their financial affairs, but to make the most of them, you can never know too much.

To find out where individuals have the best understanding of money matters, WalletHub rated the 50 states and Washington, D.C., on financial planning/habits and financial knowledge/education, and then combined the findings with the results of its own WalletLiteracy survey to determine a total score out of 100 (where 100 equals the top score).

Beneath the total score, each state’s position relative to the other states against the rating factors is listed (where 1 equals the top position).

In the ranking below, the top state received a total score for financial literacy of 69.06 out of 100. Scroll through to find out which states are in the top 20 and how they fared.

Source:WalletHub

Credit: Source link

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