Bankrate survey: America gets a 'D' in financial literacy - 0 views
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David Cahill on 17 Mar 09A survey conducted in 2004 by bankrate.com shows that the average United States citizen scored just 66 percent on a financial literacy test. The test was based upon twelve basic financial topics that were considered fundamental knowledge that all people in a capitalistic society should know. Individuals, who were not determined to be financially literate, stated that they were aware of their problem but never sought help. Individuals who were determined as most financially literate and most financially illiterate showed common characteristics, none which included any connection to gender.