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More than half of Americans lack financial literacy

Industry News
Monday 1st June, 2026 A TIAA survey found 51% of US adults failed basic personal finance questions, showing stagnant financial literacy since 2017 and particularly low scores among women, Black and Hispanic Americans, and Gen Z; experts urge early and targeted financial education. This gives Wise a chance to speak about the practical financial skills people need for everyday cross-border money management—like understanding fees, exchange rates and multi‑currency accounts—and reinforce why transparent, low‑cost international transfers matter for financially vulnerable consumers in the US.
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Low US financial literacy is a national story tied to your market—Worth pitching Wise data or expert comment on cross-border remittances, financial education and tools that improve outcomes.

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