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Thursday, May 30, 2013

Results from Survey Shows Washingtonians Are More Financially Literate Than National Average

The Financial Industry Regulatory Authority Investor Education Foundation yesterday released the results of America’s State-by-State Financial Capability Survey.

The survey collected responses from more than 25,000 Americans on topics such as rainy day funds, credit card debt, and medical bills. Survey respondents were also asked to take a 5 question financial literacy quiz.

The survey found that Washingtonians are on average more financially literate than the national average. Washington residents answered on average 3.03 of the financial literacy questions correctly. The national average was 2.88.

Survey Results

The survey findings are available at, which features a clickable map of the United States to compare the results of all 50 states.