Here's something to be proud of: New Jersey ranks fourth in WalletHub's new survey of 2016' s Most and Least Financially Literate States. The only states that rank higher are New Jersey, Minnesota and Illinois.
New Jersey finished in the Top Ten for both "Planning & Daily Habits" and "Knowledge & Financial Literacy." But our thrift is what's most notable about the state: New Jersey finished first as the state with the fewest loans from non-bank lenders.
The least financially literate? WalletHub ranks Washington D.C. at the bottom of the list, but that of course is not a state. The lowest-ranking of the 50 states is Alaska.