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.

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 ...

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

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 ...

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.

Being smart with your finances can make a huge difference in your future. Sometimes knowing where to start, how to save, or what the best financial path for you is can be a challenge. April is ...

Say the word “finances” to some, and it might evoke a blank stare or an admission that the person doesn’t have the knowledge they would like. To raise public awareness about the importance of ...

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 ...

Hawaii has recently adopted a measure to require high school students to take a financial literacy course in order to graduate.

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 ...