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.

Bridging the financial literacy gap in our country is largely a matter of education. When people understand money matters, they are equipped to make better decisions and put themselves on a more solid ...

Student loans. Credit cards. Buy now, pay later. Traditional IRAs, Roth IRAs, and 401(k)s. Fixed-and adjustable-rate mortgages. This list scratches the surface of complex financial decisions and ...

A recent report highlighted the poor levels of financial literacy among American teens, but are states doing enough to ensure that the next generation have the money skills they are going to need? Not ...

In an increasingly complex financial world of buy-now-pay-later schemes, scams, and social media marketing, there are renewed ...

The ripple effects of the COVID-19 pandemic showed how fragile economies can be and gave millions of people the impression that their financial well-being may not be as controllable as they imagined ...

Did you know that only 24% of Millennials demonstrate basic financial literacy? Understanding how to manage money is more critical than ever, especially for young investors starting their financial ...

Financial illiteracy costs the average American $1,015 a year. This isn't just some abstract statistic — it's real money lost to bad budgeting, high-interest debt, and missed chances to grow wealth.

Many young people are concerned about their financial futures — understandable, given today’s economic climate, with concerns about inflation, high interest rates, rising home prices, and uncertainty ...

Recent studies have highlighted a concerning trend regarding financial literacy among young adults aged 18-27. Notably, a collaborative study by the TIAA Institute and the Global Financial Literacy ...

I was disappointed to read that the bill requiring financial literacy education in schools failed (“Legislature has its own production of ‘The Holdovers,’” The Herald, March 12). Not every child comes ...

The financial educators council says that on average, americans lost an average of $1,500 last year due to financial illiteracy. That could be because of credit card interest and fees, overspending, ...