Financial illiteracy cost Americans over $243 billion in 2024, highlighting the urgent need for comprehensive financial education to empower individuals and strengthen our economy.” — Vince Shorb, CEO ...

Financial illiteracy costs the average American $1,015 a year. This isn't just some abstract statistic — it's real money lost to bad budgeting, high-interest debt, and missed chances to grow wealth.

Many American consumers fail to grasp the basic math of inflation, according to a large-scale study of financial literacy. The FINRA Investor Education Foundation, a financial education nonprofit, ...

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