Financial Literacy in 2012: Where Do You Stand?
Financial literacy is a term frequently used but rarely defined. Does it simply mean abstract knowledge of financial concepts? Or is one only financially literate if they apply what they learn? The national Foundation for Credit Counseling took the behavioral view in its 2012 Consumer Financial Literacy Survey, looking at not just what people know, but what they actually do. We've visualized the key findings of this survey below. How do you stack up?