Personal finance website WalletHub today released its report on 2022’s Best & Worst Cities at Money Management. Montgomery County’s Chevy Chase came in at #12 on the list, which includes municipalities and major areas across the United States.
Additional Montgomery County areas are included and searchable within the list.
From WalletHub: A survey showed that 43% of U.S. adults grade their knowledge of personal finance a C or lower. Only 57% of adults give their knowledge of personal finance high marks, and 47% maintain a budget and keep an eye on their spending.
In order to determine where Americans are best at handling their finances, WalletHub compared more than 2,500 cities/areas based on 10 key indicators of money-management skills. The data set ranges from the average credit score to average number of late payments to mortgage debt-to-income ratio.
Full report available here.