Initiatives by states and wealth managers come as budgeting, saving, and investing remain a challenge for many Americans.

More than half of the U.S. population is not financially literate. Misunderstandings about money and mistrust in financial institutions is costly to consumers. Money skills are often not taught at ...

Forbes contributors publish independent expert analyses and insights. Carolyn McClanahan, M.D., CFP covers health and personal finance. Life is precarious. Daily news provides constant reminders that ...

A program that taught basic financial concepts through two-minute stories improved adults' financial knowledge, showing promise as an easy-to-implement real-world tool. Poor financial literacy is a ...

Americans' understanding of basic financial concepts has dropped to a 10-year low, according to a new report. Concretely, U.S. adults correctly answered less than half (47%) of 28 questions used to ...

Jeff Somers is a freelancer who has been writing about writing, books, personal finance, and home maintenance since 2012. When not writing, Jeff spends his free time fixing up his old house. He has ...

American adults have hit a new bottom in basic financial knowledge. On topics like spending, borrowing, investing, and retirement, US adults correctly answered only 47% of questions on the TIAA ...