What we’ve learned from eight years of financial literacy data

Research Brief

Every major life event—new job, marriage, the birth of a child, promotion—carries a financial component. Financial decisions are manifold, but one common factor links them: They’re too often made with a limited understanding of basic financial concepts.

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Many Americans struggle when answering a financial literacy quiz designed to assess overall personal finance knowledge and understanding.

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Andrea Petra Sticha

Stanford University