Being financially illiterate can lead to financial disaster, as it increases the likelihood of accumulating unsustainable debt burdens due to poor spending decisions or a lack of long-term planning.

Students are increasingly behind on their loan payments. Financial literacy initiatives at colleges can help close the gap.

Two separate reports out recently both paint a bad picture of falling financial literacy rates in the U.S. The Journal of the Economics of Ageing published research in March that found literacy scores ...

Hawaii has recently adopted a measure to require high school students to take a financial literacy course in order to graduate.

Budgeting, the economy, inflation, stocks, and bonds — how much do you know about money and finances? One thing's for sure: these concepts aren't exactly taught in school. Financial literacy is ...

Being financially literate is one key to economic stability. It includes understanding how to make smart financial decisions, budget effectively, save for the future and handle money challenges in ...