Financial illiteracy costs the average American $1,015 a year. This isn't just some abstract statistic — it's real money lost to bad budgeting, high-interest debt, and missed chances to grow wealth.

A new report claims that Americans lost nearly $1,000 last year due to a lack of financial literacy — and while that was less than the year before, the data seems a little . . . squishy.

Financial literacy initiatives are sometimes viewed as a nice-to-have for a lot of organizations. Whether it’s resource allocation, cost or long-term vs. short-term return on investment, financial ...

People who are empowered with financial literacy can be at a distinct advantage. The continuing acquisition of knowledge can benefit us all, including those who are just beginning their financial-life ...

Financial literacy helps investors recognize when to seek advice—and plan sponsors are well-positioned to provide support in the process. Financial literacy is beneficial for achieving financial ...