Being financially illiterate can lead to financial disaster, as it increases the likelihood of accumulating unsustainable debt burdens due to poor spending decisions or a lack of long-term planning.

After the North Dakota Department of Public Instruction released statewide financial literacy content standards for K-12 ...

Studies by the Global Center for Financial Literacy define the term as “a set of basic concepts that sit at the heart of financial decisionmaking, which include: numeracy and an understanding of ...

Financial literacy is the capability to understand financial concepts and apply this skill in decisions related to savings, investment, and debt management. It is a lifelong learning process that ...

The aim of the 2022 Investopedia Financial Literacy Study is to quantify how knowledgeable and prepared four generations of American adults feel to handle their own financial decisions. The study ...

But one of the most forward-looking elements in the strategy is financial education. If financial services are part of the infrastructure of everyday life, education is how we ensure people can use it ...

April is Financial Literacy Month, a time when the spotlight is on enhancing the financial-literacy skills of American consumers. Several surveys have highlighted Americans’ low level of financial ...

April is Financial Literacy Month, and U.S. News found that many U.S. consumers lack general financial knowledge. About 53% of respondents don't know FICO scores are the scores lenders look at to ...

Add this to the growing list of calls to action for the advice industry. It is no longer enough to treat financial literacy ...

Forbes contributors publish independent expert analyses and insights. Steph Tharpe is a journalist who covers Black enterprise and culture. Stephanie Tharpe: Cap Talk has now touched major creative ...