MN: Above Average Financial Savvy, But Just Barely
Tuesday, December 28, 2010
In the Financial Capability Survey released earlier this month by the FINRA Investor Education Foundation, Minnesotans had the second-highest score on a financial literacy quiz in the nation, behind New Hampshire. State residents also rated highly in several areas, including use of credit and retirement planning.
More than a handful of financial services companies, including Allianz, Ameriprise, Securian, Thrivent, U.S.Bank and Wells Fargo have large operations in the state. "Naturally, Vang said, "they should know something about their field" and should pass on that knowledge to their kids at home.
Originally published: 12/28/2010, Star Tribune