Survey: District of Columbia is Second-to-Last in Financial Literacy

Per The Wallet Hub, the District of Columbia is second-to-last in the United States in financial literacy (Louisiana has the worst ranking):

Financial Literacy in D.C. (1=Most Financially Literate, 25=Avg.):

• 40^th – WalletHub’s ‘WalletLiteracy Survey’ Score

• 47^th – % of Adults Aged 18+ Who Spend More than They Earn

• 21^st – % of Adults Aged 18+ with Rainy-Day Funds

• 45^th – % of Unbanked Households

• 29^th – % of Adults Aged 18+ Who Borrow from Nonbank Lenders

• 40^th – High-School Financial Literacy Grade

• 51^st – Public High-School Graduation Rate

• 47^th – % of Adults Aged 18+ Who Scored at Least 80% on FINRA’s Financial Literacy Test

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