Flunking at finance.

• Position: STATELINE - Brief article

A 50-state survey of financial knowledge by the Investor Education Foundation of the Financial Industry Regulatory Authority asked more than 28,000 Americans how they manage their resources and make financial decisions. The survey ranked states in four categories based on how well their citizens were at: balancing monthly income and expenses, planning ahead for emergencies, managing financial products and knowing basic financial information and making good decisions. The results show significant differences across state lines and demographic groups. The survey found that citizens of New York, New Jersey and New Hampshire are the most financially capable, while residents of Kentucky and Montana were...