California Financial Literacy Test Data & Complimentary Tests

The Council provides complimentary financial literacy tests for California residents of all ages. The California financial literacy testing resources were developed to provide evaluation resources for financial educators, offer a self-improvement tool for individuals, and give the media information about the current state of people’s financial capabilities across California.

Schools can leverage the California financial literacy test to address the 9th- and 12th-grade standards, including questions on: budgeting, income and taxes, compounding interest, how interest is calculated, savings, risk management, investment strategies, jobs and careers, fixed and variable expenses, comparison shopping, credit choices, and risk/reward tradeoff.

Test Results: California vs National Results

California: 15- to 18-Year-Olds


Average Score of 62.45% to Date


Percentage of Passing [70%] Scores to Date


Δ: Change in Average Score from Previous Data: +.21%

6470 Participants

National Average Among 52,572 Participants (All Regions): 64.04%

State Comparison: 15- to 18-Year-Olds

NFEC National Financial Capability Test Results for California

Average scores among the 25 states with more than 700 15- to 18-year-old participants. California Ranked 21st. No state passed [70%].

Take the California Financial Literacy Test & Get Results

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*Educators & Course Facilitators: Each student will receive individual results after completing the test. To receive students’ results, have them forward you the email.

Most Popular Tests

National Financial Literacy Test

A 30-question test that measures their ability to earn money and manage their personal

Financial Foundations

An 8-question test on entry-level financial decisions, including: purchasing a car, renting a home, college affordability, credit cards.

Advanced Personal Finance Test

An 8-question test that asks more advanced personal finance questions, ranging from loan payments to investing.

Student Loan

A 12-question test that assesses the ability to make student loan decisions. Covers: qualification, repayment, and default.

All Test Provided Complimentary with Generous Support from Our Advisory Board

Topic Based Tests