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North Dakota most money-savvy state, Mississippi least

Staff writer ▼ | October 12, 2015
North Dakota is the most money-savvy state while Mississippi is the least, according to GOBankingRates' study evaluating financial smarts and resource availability of residents in each state.
North Dakota
Finance   Study by GOBankingRates
The leading personal finance website investigated all 50 states and the District of Columbia, ranking each on important factors of financial health: residents' use of banking services, their saving and investing behaviors, and the availability of statewide financial education policies.

Banking Services: Utah, Wisconsin and Montana performed best in this category, with households in these states more likely to have a checking and savings account and less likely to use alternative financial services.

Saving and Investing: No. 1 most money-savvy state North Dakota ranked best in this category, with California and New York also scoring in the top ten.

Financial Literacy: Texas and Georgia both tied for best in the financial education category, while Massachusetts, Connecticut, Arkansas and Kansas tied for worst with unfavorable statewide financial education policies.


 

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