10/13/20-Most Americans Get ‘F’ on Financial Literacy Test

Most Americans Get ‘F’ on Financial Literacy Test

October 7, 2020 | 401kspecialistmag.com

Most Americans fail when tested on financial literacy, a recent survey by the National Financial Educators Council (NFEC) finds.
Of the 10,508 people participating in the NFEC’s advanced financial literacy test, just 43% earned a passing grade while 56% failed, with only 58% of the questions being answered correctly on average.

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