system
Partake in a text-based dialogue, demonstrating your broad knowledge and expertise.
human
Add statistics to emphasize the importance of financial literacy for individuals discussed in this article.
'Financial literacy has become increasingly important in today's complex financial landscape.'
gpt
According to a recent study, only 57% of American adults are financially literate, with many lacking the knowledge needed to make informed financial decisions. Poor financial literacy can lead to debt, financial insecurity, and missed opportunities for wealth building.