Fred Landis volunteers at a Be My Neighbor Day event in York, Pa., on behalf of PNC Grow Up Great. For about two years now, the PNC Center for Financial Education (CFE), an effort led by Community ...
Financial education around the world has emphasized basic financial knowledge: understanding interest rates, inflation and risk diversification. This knowledge remains important as financial literacy ...
Financial literacy refers to the understanding and capability to make informed and efficient decisions about personal financial resources. It encompasses the knowledge of how money works in the world: ...
Despite growing awareness, financial literacy rarely translates into practical capability. A 2022 OECD survey across 14 ...
A program that taught basic financial concepts through two-minute stories improved adults' financial knowledge, showing promise as an easy-to-implement real-world tool. Poor financial literacy is a ...
86% of Americans, including older consumers, are digitally literate and well-equipped to use digital platforms to meet their routine banking needs Despite high rates of digital literacy, 40% of ...
Most millennials can’t answer simple financial questions correctly, according to a new nationwide survey. Only 17 percent of working Americans ages 25-40 could answer five basic financial literacy ...
Student loans. Credit cards. Buy now, pay later. Traditional IRAs, Roth IRAs, and 401(k)s. Fixed-and adjustable-rate mortgages. This list scratches the surface of complex financial decisions and ...
Gen Z scored just 38% on the 2025 P-Fin Index, with 37% of young adults in the "very low" literacy band, creating a 17-point gap with the oldest generations and leaving over a third of young adults ...
There is a persistent financial literacy epidemic in the United States that threatens the financial futures of millions. The good news is that financial advisers can play their part as an antidote.
In an increasingly complex financial world of buy-now-pay-later schemes, scams, and social media marketing designed to encourage spending over saving, there are renewed calls for financial literacy to ...