WalletHub: R.I. second least financially savvy state in New England

PROVIDENCE – Rhode Island ranks No. 21 in the nation and is the second least financially savvy state in New England, according to WalletHub’s 2016 Most & Least Financially Savvy States report.
The personal finance website compared the 50 states and District of Columbia across four metrics: spending and debt, financial literacy score, credit and savings. Rhode Island finished in the top half of all states, but second to last in New England ranking fifth in front of Maine.
“Financial savvy is crucial to running a well-functioning household. But it’s just as important for all residents of a state to collectively practice good money habits in order to achieve economic prosperity and weather any financial storms together,” according to the website. https://wallethub.com/edu/most-and-least-financially-savvy-states/20496/ “Financial power within a state, after all, offers prospective businesses incentive to establish operations there, supply jobs and boost the tax revenues that are ultimately distributed back to consumers.”
Minnesota ranked the highest in the nation and New Hampshire, No. 2, took highest in New England. Connecticut ranked No. 4, Massachusetts ranked No. 6 and Vermont ranked No. 19, according to the list. Missouri finished last at No. 51.