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  • Minnesota is the most financially literate state, scoring 73/100 according to WalletHub’s latest analysis
  • Arkansas scores the worst, with 53/100.
  • The analysis takes into account financial education, consumer habits, and Wallethub’s own financial literacy survey results
Here’s some of the reasons Minnesota ranked first in WalletHub’s analysis:
  • Highest median credit score in the country (751)
  • High-schoolers must take at least one personal finance program
  • Only 15% of the surveyed Minnesotans spent more than they made—the lowest across all states.
  • Second-highest share of surveyed adults (37%) who are confident that they will meet their financial goals
I would like to know the criteria for determining financial literacy. While someone having a good credit score or spending less than they make is good. That makes them prudent, not necessarily financially literate.
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0 sats \ 0 replies \ @Roll 21h
If so , why America is the 1st country with the biggest debt....
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