Financial education quiz answers
1. How much is spent per-person in the U.S. on consumer financial education?
Answer: Two dollars.
2. In terms of selling financial products and services, banks out-spend consumer education groups by …
Answer: $16.3 billion annually.
3. The leading advocates of consumer education, in terms of annual spending are …
Answer: Nonprofit groups, which spend $472 million a year on consumer financial education. This is almost four times the amount spent by the federal government.