The President's Advisory Council on Financial Literacy defines personal financial literacy as "the ability to use knowledge and skills to manage financial resources effectively for a lifetime of ...

A new survey found that most Americans were not able to pass a quiz on financial literacy that had just seven questions. The ...

Many American consumers fail to grasp the basic math of inflation, according to a large-scale study of financial literacy. The FINRA Investor Education Foundation, a financial education ...

Each participant’s financial and health literacy was assessed with a set of 32 questions “designed to measure knowledge of health and financial information and concepts, as well as numeracy.” The ...

Many American consumers fail to grasp the basic math of inflation, according to a large-scale study of financial literacy ... testing their knowledge of consumer finance. The results: Three ...