Brokers, financial advice providers, and many others need to test peoples’ ability to manage their money. Nevertheless, there are some who debate such tests arguing that they aren’t useful for ...
It's generally useful to be literate in at least one spoken and written language. But that's not the only kind of literacy that matters. We need to be savvy about managing (and growing!) our money, ...
Can you explain what risk diversification is? Identify the effects of inflation? Know how to calculate interest? If you answered yes to these three questions, you are better off than 43% of Americans ...
NEW YORK (Reuters Health) - Doctors often assume they're explaining things in a way patients understand. When patients are confused, doctors don't always realize it. A new study shows patients might ...
More than half — 57% — of Americans who took an eight-question quiz measuring financial literacy flunked, according to the National Financial Educators Council, which created the quiz. Some 10,508 ...