Minnesota ranks 5th in nation for financial literacy

Photo by: WDAY Radio Staff
Photo by: WDAY Radio Staff

(Minneapolis, MN) -- Minnesotans are better with money than most Americans.

A new WalletHub study compared each of the 50 states across 17 metrics of financially literacy, including share of adults with rainy-day funds and public high school graduation rates.

Minnesota ranked 5th in the nation. Nebraska was found to be the most financially literate state, while Arkansas ranked dead last.

You can view the full study by clicking here.