Section Banner
spacer home > research > research key findings > key findings details
Key Findings Details

Financial Literacy among the Young
by Annamaria Lusardi, Olivia S. Mitchell and Vilsa Curto
WP 2008-191
  • Almost three-quarters of adults in their twenties lack basic financial literacy about calculating interest, inflation, and diversifying stocks.
  • Financial literacy varies by demographic group and family background.
  • Financial literacy programs should be targeted to those groups most lacking in financial knowledge.