Money is continually coming into our lives and leaving it, but that doesn't mean practice makes perfect. Surveys show that Americans still have a relatively poor understanding of basic money concepts, ...

Can you figure out the amount of money you would owe on your loan after one year of interest? If not, you are part of about two-thirds of Americans who can’t pass a basic test of financial literacy.

Quick: If you take out a $1000 loan that has a 20% rate, how much will you owe a year in interest? Answer: $200. But if you got that wrong, you’re not alone. Nearly two thirds of Americans can’t ...