WalletHub ranks the most financially savvy states

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Which states are the most savvy with their money?

WalletHub attempted to find out, ranking each state and the District of Columbia in four different categories: Debt and spending, financial literacy, credit and saving.

Find out below which states fared the best -- and worst -- in being financially savvy, and get more info at WalletHub's full study.


51) Mississippi

Mississippi
(Credit: AP / Kiichiro Sato)

Total Score: 37.72

'Debt & Spending' Rank: 51

'Financial Literacy' Rank: 17

'Credit' Rank: 49

'Saving' Rank: 51

50.) Arkansas

Total Score: 42.27 'Debt & Spending' Rank: 50
(Credit: AP / Danny Johnston)

Total Score: 42.27
'Debt & Spending' Rank: 50
'Financial Literacy' Rank: 46
'Credit' Rank: 51
'Saving' Rank: 37

49.) New Mexico

Total Score: 43.27 'Debt & Spending' Rank: 49
(Credit: AP / Eric Gay)

Total Score: 43.27
'Debt & Spending' Rank: 49
'Financial Literacy' Rank: 23
'Credit' Rank: 45
'Saving' Rank: 48

48.) Oklahoma

Total Score: 45.62 'Debt & Spending' Rank: 46
(Credit: AP / Sue Ogrocki)

Total Score: 45.62
'Debt & Spending' Rank: 46
'Financial Literacy' Rank: 37
'Credit' Rank: 41
'Saving' Rank: 47

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47.) West Virginia

Total Score: 46.72 'Debt & Spending' Rank: 45
(Credit: AP / Martin B. Cherry)

Total Score: 46.72
'Debt & Spending' Rank: 45
'Financial Literacy' Rank: 10
'Credit' Rank: 38
'Saving' Rank: 49

46.) Missouri

Total Score: 46.79 'Debt & Spending' Rank: 47
(Credit: AP / Estelle Doro)

Total Score: 46.79
'Debt & Spending' Rank: 47
'Financial Literacy' Rank: 50
'Credit' Rank: 29
'Saving' Rank: 46

45.) Louisiana

Total Score: 46.86 'Debt & Spending' Rank: 37
(Credit: AP / Gerald Herbert)

Total Score: 46.86
'Debt & Spending' Rank: 37
'Financial Literacy' Rank: 47
'Credit' Rank: 36
'Saving' Rank: 50

44.) Georgia

Total Score: 47.21 'Debt & Spending' Rank: 48
(Credit: AP / Mike Stewart)

Total Score: 47.21
'Debt & Spending' Rank: 48
'Financial Literacy' Rank: 33
'Credit' Rank: 46
'Saving' Rank: 36

43.) South Carolina

Total Score: 47.70 'Debt & Spending' Rank: 44
(Credit: AP / Bruce Smith)

Total Score: 47.70
'Debt & Spending' Rank: 44
'Financial Literacy' Rank: 34
'Credit' Rank: 44
'Saving' Rank: 42

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42.) Tennessee

Total Score: 48.76 'Debt & Spending' Rank: 38
(Credit: AP / Mark Humphrey)

Total Score: 48.76
'Debt & Spending' Rank: 38
'Financial Literacy' Rank: 51
'Credit' Rank: 28
'Saving' Rank: 45

41.) Alabama

Total Score: 50.33 'Debt & Spending' Rank: 35
(Credit: AP / Brynn Anderson)

Total Score: 50.33
'Debt & Spending' Rank: 35
'Financial Literacy' Rank: 44
'Credit' Rank: 32
'Saving' Rank: 43

40.) Florida

Total Score: 50.34 'Debt & Spending' Rank: 42
(Credit: AP / Alan Diaz)

Total Score: 50.34
'Debt & Spending' Rank: 42
'Financial Literacy' Rank: 7
'Credit' Rank: 50
'Saving' Rank: 13

39.) Arizona

Total Score: 50.89 'Debt & Spending' Rank: 36
(Credit: AP / Rick Bowmer)

Total Score: 50.89
'Debt & Spending' Rank: 36
'Financial Literacy' Rank: 13
'Credit' Rank: 42
'Saving' Rank: 41

38.) Kentucky

Total Score: 51.16 'Debt & Spending' Rank: 33
(Credit: AP / Charlie Riedel)

Total Score: 51.16
'Debt & Spending' Rank: 33
'Financial Literacy' Rank: 48
'Credit' Rank: 21
'Saving' Rank: 44

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37.) Delaware

Total Score: 51.32 'Debt & Spending' Rank: 39
(Credit: AP / Matt Rourke)

Total Score: 51.32
'Debt & Spending' Rank: 39
'Financial Literacy' Rank: 19
'Credit' Rank: 40
'Saving' Rank: 38

36.) Indiana

Total Score: 51.91 'Debt & Spending' Rank: 41
(Credit: AP / R Brent Smith)

Total Score: 51.91
'Debt & Spending' Rank: 41
'Financial Literacy' Rank: 21
'Credit' Rank: 39
'Saving' Rank: 30

35.) Nevada

Total Score: 52.27 'Debt & Spending' Rank: 31
(Credit: AP / John Locher)

Total Score: 52.27
'Debt & Spending' Rank: 31
'Financial Literacy' Rank: 43
'Credit' Rank: 43
'Saving' Rank: 26

34.) North Carolina

Total Score: 52.77 'Debt & Spending' Rank: 34
(Credit: AP / Cliff Owen)

Total Score: 52.77
'Debt & Spending' Rank: 34
'Financial Literacy' Rank: 39
'Credit' Rank: 22
'Saving' Rank: 39

33.) Texas

Total Score: 53.32 'Debt & Spending' Rank: 30
(Credit: AP / Brandon Wade)

Total Score: 53.32
'Debt & Spending' Rank: 30
'Financial Literacy' Rank: 41
'Credit' Rank: 37
'Saving' Rank: 33

32.) Oregon

Total Score: 54.20 'Debt & Spending' Rank: 32
(Credit: AP / Don Ryan)

Total Score: 54.20
'Debt & Spending' Rank: 32
'Financial Literacy' Rank: 35
'Credit' Rank: 26
'Saving' Rank: 25

31.) Alaska

Total Score: 55.83 'Debt & Spending' Rank: 43
(Credit: AP / Becky Bohrer)

Total Score: 55.83
'Debt & Spending' Rank: 43
'Financial Literacy' Rank: 38
'Credit' Rank: 10
'Saving' Rank: 23

30.) Montana

Total Score: 56.40 'Debt & Spending' Rank: 27
(Credit: AP / Matthew Brown)

Total Score: 56.40
'Debt & Spending' Rank: 27
'Financial Literacy' Rank: 3
'Credit' Rank: 14
'Saving' Rank: 40

29.) Ohio

Total Score: 57.33 'Debt & Spending' Rank: 21
(Credit: AP / Al Behrman)

Total Score: 57.33
'Debt & Spending' Rank: 21
'Financial Literacy' Rank: 20
'Credit' Rank: 23
'Saving' Rank: 32

28.) Kansas

Total Score: 57.46 'Debt & Spending' Rank: 29
(Credit: AP / Charlie Riedel)

Total Score: 57.46
'Debt & Spending' Rank: 29
'Financial Literacy' Rank: 2
'Credit' Rank: 16
'Saving' Rank: 31

27.) Illinois

Total Score: 57.95 'Debt & Spending' Rank: 20
(Credit: AP / G-Jun Yam)

Total Score: 57.95
'Debt & Spending' Rank: 20
'Financial Literacy' Rank: 11
'Credit' Rank: 33
'Saving' Rank: 28

26.) Idaho

Total Score: 57.99 'Debt & Spending' Rank: 40
(Credit: AP / Carey J. Williams)

Total Score: 57.99
'Debt & Spending' Rank: 40
'Financial Literacy' Rank: 26
'Credit' Rank: 3
'Saving' Rank: 16

25.) South Dakota

Total Score: 58.15 'Debt & Spending' Rank: 26
(Credit: AP / David Zalubowski)

Total Score: 58.15
'Debt & Spending' Rank: 26
'Financial Literacy' Rank: 30
'Credit' Rank: 15
'Saving' Rank: 19

24.) Virginia

Total Score: 58.17 'Debt & Spending' Rank: 24
(Credit: AP / Jacquelyn Martin)

Total Score: 58.17
'Debt & Spending' Rank: 24
'Financial Literacy' Rank: 32
'Credit' Rank: 35
'Saving' Rank: 8

23.) Colorado

Total Score: 58.87 'Debt & Spending' Rank: 28
(Credit: AP / Charlie Riedel)

Total Score: 58.87
'Debt & Spending' Rank: 28
'Financial Literacy' Rank: 18
'Credit' Rank: 31
'Saving' Rank: 4

22.) Vermont

Total Score: 59.04 'Debt & Spending' Rank: 22
(Credit: AP / Toby Talbot)

Total Score: 59.04
'Debt & Spending' Rank: 22
'Financial Literacy' Rank: 31
'Credit' Rank: 11
'Saving' Rank: 29

21.) District of Columbia

Total Score: 59.65 'Debt & Spending' Rank: 5
(Credit: AP / Jose Luis Magana)

Total Score: 59.65
'Debt & Spending' Rank: 5
'Financial Literacy' Rank: 40
'Credit' Rank: 34
'Saving' Rank: 35

20.) Maine

Total Score: 59.85 'Debt & Spending' Rank: 23
(Credit: AP / Robert F. Bukaty)

Total Score: 59.85
'Debt & Spending' Rank: 23
'Financial Literacy' Rank: 5
'Credit' Rank: 13
'Saving' Rank: 22

19.) Michigan

Total Score: 60.45 'Debt & Spending' Rank: 11
(Credit: AP / Carlos Osorio)

Total Score: 60.45
'Debt & Spending' Rank: 11
'Financial Literacy' Rank: 25
'Credit' Rank: 25
'Saving' Rank: 27

18.) Pennsylvania

Total Score: 60.47 'Debt & Spending' Rank: 17
(Credit: AP / Joseph Kaczmarek)

Total Score: 60.47
'Debt & Spending' Rank: 17
'Financial Literacy' Rank: 9
'Credit' Rank: 30
'Saving' Rank: 18

17.) Hawaii

Total Score: 60.52 'Debt & Spending' Rank: 25
(Credit: AP / Caleb Jones)

Total Score: 60.52
'Debt & Spending' Rank: 25
'Financial Literacy' Rank: 42
'Credit' Rank: 5
'Saving' Rank: 11

16.) Utah

Total Score: 61.49 'Debt & Spending' Rank: 14
(Credit: AP / Julie Jacobson)

Total Score: 61.49
'Debt & Spending' Rank: 14
'Financial Literacy' Rank: 45
'Credit' Rank: 19
'Saving' Rank: 9

15.) Maryland

Total Score: 61.49 'Debt & Spending' Rank: 13
(Credit: AP / Roberto Borea)

Total Score: 61.49
'Debt & Spending' Rank: 13
'Financial Literacy' Rank: 22
'Credit' Rank: 20
'Saving' Rank: 15

14.) Wyoming

Total Score: 61.81 'Debt & Spending' Rank: 12
(Credit: AP / Matthew Brown)

Total Score: 61.81
'Debt & Spending' Rank: 12
'Financial Literacy' Rank: 28
'Credit' Rank: 12
'Saving' Rank: 24

13.) Washington

Total Score: 62.13 'Debt & Spending' Rank: 19
(Credit: AP / Ted S. Warren)

Total Score: 62.13
'Debt & Spending' Rank: 19
'Financial Literacy' Rank: 36
'Credit' Rank: 9
'Saving' Rank: 14

12.) Nebraska

Total Score: 62.23 'Debt & Spending' Rank: 15
(Credit: AP / Nati Harnik)

Total Score: 62.23
'Debt & Spending' Rank: 15
'Financial Literacy' Rank: 27
'Credit' Rank: 2
'Saving' Rank: 34

11.) Iowa

Total Score: 62.58 'Debt & Spending' Rank: 18
(Credit: AP / Patrick Semansky)

Total Score: 62.58
'Debt & Spending' Rank: 18
'Financial Literacy' Rank: 24
'Credit' Rank: 6
'Saving' Rank: 21

10.) New York

Total Score: 62.60 'Debt & Spending' Rank: 7
(Credit: AP / Julio Cortez)

Total Score: 62.60
'Debt & Spending' Rank: 7
'Financial Literacy' Rank: 12
'Credit' Rank: 48
'Saving' Rank: 3

9.) Rhode Island

Total Score: 62.78 'Debt & Spending' Rank: 9
(Credit: AP / Victoria Arocho)

Total Score: 62.78
'Debt & Spending' Rank: 9
'Financial Literacy' Rank: 49
'Credit' Rank: 24
'Saving' Rank: 7

8.) California

Total Score: 64.20 'Debt & Spending' Rank: 2
(Credit: AP / Eric Risberg)

Total Score: 64.20
'Debt & Spending' Rank: 2
'Financial Literacy' Rank: 15
'Credit' Rank: 47
'Saving' Rank: 2

7.) Wisconsin

Total Score: 64.61 'Debt & Spending' Rank: 6
(Credit: AP / Morry Gash)

Total Score: 64.61
'Debt & Spending' Rank: 6
'Financial Literacy' Rank: 1
'Credit' Rank: 17
'Saving' Rank: 20

6.) North Dakota

Total Score: 65.59 'Debt & Spending' Rank: 16
(Credit: AP / Carey J. Williams)

Total Score: 65.59
'Debt & Spending' Rank: 16
'Financial Literacy' Rank: 29
'Credit' Rank: 1
'Saving' Rank: 6

5.) New Jersey

Total Score: 66.30 'Debt & Spending' Rank: 3
(Credit: AP / Wayne Parry)

Total Score: 66.30
'Debt & Spending' Rank: 3
'Financial Literacy' Rank: 16
'Credit' Rank: 27
'Saving' Rank: 5

4.) Minnesota

Total Score: 66.58 'Debt & Spending' Rank: 10
(Credit: AP / Jim Mone)

Total Score: 66.58
'Debt & Spending' Rank: 10
'Financial Literacy' Rank: 8
'Credit' Rank: 4
'Saving' Rank: 12

3.) Connecticut

Total Score: 67.12 'Debt & Spending' Rank: 4
(Credit: AP / Michael Melia)

Total Score: 67.12
'Debt & Spending' Rank: 4
'Financial Literacy' Rank: 6
'Credit' Rank: 18
'Saving' Rank: 10

2.) New Hampshire

Total Score: 69.67 'Debt & Spending' Rank: 8
(Credit: AP / Robert F. Bukaty)

Total Score: 69.67
'Debt & Spending' Rank: 8
'Financial Literacy' Rank: 4
'Credit' Rank: 7
'Saving' Rank: 1

1.) Massachusetts

Total Score: 70.56 'Debt & Spending' Rank: 1
(Credit: AP / Steven Senne)

Total Score: 70.56
'Debt & Spending' Rank: 1
'Financial Literacy' Rank: 14
'Credit' Rank: 8
'Saving' Rank: 17

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