4/13/21-Most & Least Financially Literate States – NJ is # 5

Most & Least Financially Literate States – NJ is # 5

April 7, 2021 | wallethub.com

After the Great Recession, it became clear that more people needed to learn financial literacy. The housing-market collapse and following financial crisis reminded Americans of our obsession with debt and the dangers of quick access to finances for under-informed consumers. The importance for people to be smart about their finances has become even more pronounced during the COVID-19 pandemic, amid high levels of unemployment and restrictions on businesses. But how much have we learned from past mistakes, and what are we doing to help future generations avoid repeating them?

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