Released: June 09, 2013

Are you the 61 percent? Most Americans remain ill-informed about personal finances

Source: Michelle Singletary - The Washington Post

A new report by the Investor Education Foundation of the Financial Industry Regulatory Authority (FINRA) found that a majority of American adults (61 percent) couldn’t correctly answer more than three of five fundamental financial literacy questions. That’s an increase from 58 percent in 2009.

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