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September 6, 2022

Find money confusing? You're far from alone

  • Personal finance is loaded with terms, jargon and concepts that take a while to learn.
  • By LIZ WESTON
    NerdWallet

    iStock image
    On average, U.S. adults correctly answered only 50% of financial literacy questions in 2022.

    Managing money is an essential life skill, yet most U.S. adults would fail a financial literacy test. Consider the results of a survey meant to measure financial literacy, called the TIAA Institute-GFLEC Personal Finance Index. On average, U.S. adults correctly answered only 50% of its financial literacy questions in 2022.


     
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