Wealthiest States Not The Best At Managing Money

A new study by CreditCards.com ranked each U.S. state by how well its residents manage money. The study compared the credit scores of residents to their income levels.

Surprisingly, the wealthiest states were not the best at managing money, and some of the states with the lowest income levels demonstrated the best money management.

“Credit scores reflect your ability to manage the debt you have, regardless of your assets,” Experian director of education Rod Griffin explains.
 

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