More than half of Americans lack financial literacy
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.
Why have we flagged this?
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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