Seriously, You Missed That Question?

The new FINRA Foundation National Financial Capability Study showed there was no increase from three years ago in the ability of test-takers nationwide to correctly answer five of seven quiz questions.

Column distributed by Hearst Connecticut Media Group.

Links to resources referenced:

FINRA Financial Knowledge Quiz
- https://www.finra.org/financial_knowledge_quiz
  - Related column excerpt:
    - “That’s the first question on FINRA’s Financial Knowledge Quiz, which is part of the FINRA Investor Education Foundation’s 2024 National Financial Capability Study, set to be published in July.”
FINRA News Release: FINRA Foundation Releases State-by-State Financial Knowledge Findings
- https://www.finra.org/media-center/newsreleases/2025/finra-foundation-releases-state-state-financial-knowledge-findings
  - Related column excerpts:
    - “As Gerri Walsh, president of the FINRA Foundation, said in a recent press release, ‘Overall, the findings show that knowledge of everyday financial concepts remains a challenge for many Americans.’ Indeed.”
    - “Walsh added: ‘[C}ontinued efforts are needed to ensure all Americans fully understand the effects of economic factors on their personal finances.’ Absolutely.”
FINRA Investor Education Foundation Data and Downloads
- https://www.finrafoundation.org/data-and-downloads
  - Related column excerpt:
  - “If you need resources, there are plenty. Take a look at the FINRA Investor Education Foundation website (finrafoundation.org). You can view previous National Financial Capability studies at FINRA’s Data and Downloads page.”
American Bankers Association: Youth & Money
- https://www.aba.com/advocacy/community-programs/consumer-resources/kids-money#b540b64180a44dcd9adb97eecde873ba
  - Related column excerpt:
    - “A resource for younger members of the family is the American Bankers Association website, which provides material for Grades K-8, High School/Young Adult and All Ages.”