Ten years after the financial crisis and Great Recession, WalletHub measured the financial literacy of each state.
The average grade? No higher than a B, with most states falling in the D+ to B- range. The reason? Little to no financial education.
“We don’t learn personal finance anywhere in school —some schools have very limited financial education — so for those going through the education system, they’re not much they’re learning in terms of practical life skills,” Tony Steuer, a financial expert and author of “GET READY!: A Step-by-Step Planner for Maintaining Your Financial First Aid Kit,” told InsideSources. “Most school systems don’t even touch financial skills.”