Quick Answer
Financial-literacy surveys consistently report that a meaningful share of U.S. adults struggle with basic questions about interest, inflation, and risk diversification.
Key Takeaways
- Literacy varies by age, income, and education.
- The Big Three financial literacy questions are widely used in surveys.
- Younger adults score lower on average.
The Big Three
The Big Three questions - covering compound interest, inflation, and diversification - are a standard battery used by FINRA and other researchers.
Frequently Asked Questions
Where to find U.S. literacy data?
FINRA's National Financial Capability Study is the most commonly cited public source.