Financial Literacy

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TIAA Institute - GFLEC Personal Finance Index

Financial knowledge correlates strongly with financial outcomes. So what’s the state of the nation’s financial literacy?

The TIAA Institute-GFLEC Personal Finance Index (P-Fin Index) provides a comprehensive barometer of U.S. adults’ readiness to make sound financial decisions. The P-Fin Index is unique in its capacity to examine financial literacy across eight common financial activities: earning, consuming, saving, investing, borrowing, insuring, understanding risk and gathering information.