Where does your state rank on financial literacy?

[GoodSteward]

Stumbled across this and thought you guys might get a kick out of it.

Most and least financially literate states

Georga is pretty low on the list.

[kork13]

Georga is pretty low on the list.

Lol don't feel too bad, Alaska is sitting pretty at #50 of 51...!

[StormRichards]

We rank 5th

[snafu]

$ 19.5 Trillion government debt acknowledged [and rising], can we conclude DC's position was due to the 'lead by example' gov't?

[phantom]

I'm in PA. Overall, it's very average at 24. But, it's interesting that it's in the top 10 for ‘WalletLiteracy’ Rank and ‘Planning & Daily Habits’ Rank, but 50 for ‘Knowledge & Education’ Rank.

I also took the WalletLiteracy test. I did well, but I thought a few of the questions were rather questionable.

[bjl584]

I'm in PA. Overall, it's very average at 24. But, it's interesting that it's in the top 10 for ‘WalletLiteracy’ Rank and ‘Planning & Daily Habits’ Rank, but 50 for ‘Knowledge & Education’ Rank.

I also took the WalletLiteracy test. I did well, but I thought a few of the questions were rather questionable.

I'm in PA as well.
I didn't have time to do the test. I'll check it out later.

[GoodSteward]

I took the test. I got an A-

I honestly wasn't sure about a couple things, but a few others I missed with a face palm moment.

One question is "Generally, as your credit score increases, the interest rate you are charged on a loan: Increases, decreases, or stays the same?"

I thought it meant on a loan you already have. They should have put "new loan" to be clear.

I didn't care for a few of them either.

[Nutria]

Unsurprisingly, the state who's main city has the (un?)official theme, "Let the good times roll!" has a Planning & Daily Habits rank of #50.

[phantom]

One question is "Generally, as your credit score increases, the interest rate you are charged on a loan: Increases, decreases, or stays the same?"

I thought it meant on a loan you already have. They should have put "new loan" to be clear.

I agree. That was one of the ones that tripped me up too. I almost gave the answer I thought they were looking for, but I decided I wanted to be technically correct.

[Nutria]

Look in the bottom of the article in the "Experts" section. I'm shocked (well, shouldn't be) at some of the esoteric professorships.

A PhD program in Personal Financial Planning?