weather icon Partly Cloudy

Nevada ranks near bottom for financial literacy

In another reminder of Nevadans’ weak personal finances, a new report ranks the Silver State among the bottom of the pack for financial literacy.

Personal finance website WalletHub on Wednesday released a report that 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.

A few weeks ago, Washington, D.C.-based WalletHub also reported that Southern Nevadans’ credit scores inched higher last year but remained among the lowest in the nation.

Contact Eli Segall at esegall@reviewjournal.com or 702-383-0342. Follow @eli_segall on Twitter.

Don't miss the big stories. Like us on Facebook.
Target stores across US hit with checkout glitch

A glitch stalled checkout lines at Target stores worldwide Saturday, exasperating shoppers and potentially eating into sales at a prime time for retailers, the day before Fathers Day.

Trump says he plans to keep pressure on Fed over rates

President Donald Trump says he has no intention of ending his public attacks on the Federal Reserve’s interest rate policies even though he knows he has made Chairman Jerome Powell’s job more difficult.