Arkansas finished last in survey on financial literacy, but one Texarkana adviser has tips on how local residents can beat the statistics

Local financial adviser offers tips to grow wealth

April 23, 2024 at 12:01 p.m.

by James Bright

Reddit Inc. signage is seen on the New York Stock Exchange trading floor, prior to Reddit IPO, Thursday, March. 21, 2024. The market debut is likely to spur a flurry of commentary on Reddit's own platform, as well as competing social media outlets. (AP Photo/Yuki Iwamura)
Reddit Inc. signage is seen on the New York Stock Exchange trading floor, prior to Reddit IPO, Thursday, March. 21, 2024. The market debut is likely to spur a flurry of commentary on Reddit's own platform, as well as competing social media outlets. (AP Photo/Yuki Iwamura)

TEXARKANA, Ark. -- A recent study by Wallet Hub found Arkansas residents ranked last in terms of financial literacy as compared to the rest of the United States.

The study looked at several key metrics including household rainy day funds, bank account use and share of borrowers taking money from non-bank...

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