Nevada Ranks Low in Financial Literacy

A new Wallet Hub report ranks Nevada among the bottom of the pack for financial literacy. The report ranked Nevada 42nd among the states and the District of Columbia, or 10th lowest in the country, for financial literacy.  WalletHub gave Nevada low marks on a range of topics, including the share of adults who spend more than they earn (37th); percentage of unbanked households (39th); share of adults who borrow from nonbank lenders (46th); and the state’s public high school graduation rate (49th). Overall, it ranked New Hampshire first for financial literacy, and Louisiana last at No. 51.