Thursday, June 13, 2024
Hawai'i Free Press

Current Articles | Archives

Friday, March 3, 2023
Hawaii's Best & Worst Cities at Personal Money Management
By Selected News Articles @ 3:32 AM :: 2191 Views :: Family, Economy, Hawaii Statistics

2023’s Best & Worst Cities at Money Management

from Wallet Hub, Mar 1, 2023

Money management is a life skill that unfortunately isn’t taught as often as it should be. It’s a skill that everyone should want to learn too, as it can bring about flawless credit and freedom from debt. But a survey of consumer financial literacy reflects a growing need for financial instruction in U.S. households. Only 56% of adults, for instance, give their knowledge of personal finance high marks, and 44% maintain a budget and keep an eye on their spending. Good money management skills are more important now than ever during this time of high inflation.

It’s clear that some Americans are better than others at handling their finances. In order to determine where they live, WalletHub compared more than 2,500 cities based on 10 key indicators of money management. Their data set ranges from the average credit score to average number of late payments to mortgage debt-to-income ratio....

read … Full Report

Overall Rank City Percentile Rank* Median Credit Score Credit-Card Debt-to-Income Ratio Mortgage Debt-to-Income Ratio Car-Loan Debt-to-Income Ratio Student-Loan Debt-to-Income Ratio Avg. Number of Late Payments
524 Aiea, HI 80 754 4.21% 579.55% 26.16% 33.06% 1.68
756 Mililani Town, HI 71 763 5.69% 591.73% 28.34% 32.09% 1.23
835 Kaneohe, HI 67 753 4.96% 702.96% 27.37% 31.77% 1.72
868 Pearl City, HI 66 736 5.16% 609.02% 31.33% 37.48% 2.2
951 Honolulu, HI 63 749 5.07% 720.03% 32.03% 39.64% 1.85
1308 Kihei, HI 49 742 5.88% 789.31% 38.05% 40.86% 1.85
1529 Hilo, HI 40 721 5.81% 484.93% 40.94% 49.19% 3.2
1735 Wailuku, HI 32 732 6.00% 700.98% 37.63% 47.77% 2.66
1845 Lahaina, HI 28 715 6.90% 955.48% 46.03% 31.35% 2.47
1862 Kapolei, HI 27 723 6.54% 714.55% 35.40% 36.81% 2.55
1950 Kahului, HI 24 711 7.01% 1020.18% 48.56% 39.20% 2.24
2095 Kailua, HI 18 731 8.37% 797.74% 44.98% 52.21% 2.03
2340 Wahiawa, HI 9 686 5.91% 813.96% 42.14% 34.30% 3.73
2359 Waipahu, HI 8 717 7.82% 918.44% 47.61% 52.59% 2.49
2375 Ewa Beach, HI 8 721 7.98% 1083.35% 48.51% 46.15% 2.56
2443 Waianae, HI 5 667 6.63% 698.82% 47.84% 40.57% 3.89
Links

TEXT "follow HawaiiFreePress" to 40404

Register to Vote

2aHawaii

Aloha Pregnancy Care Center

AntiPlanner

Antonio Gramsci Reading List

A Place for Women in Waipio

Ballotpedia Hawaii

Broken Trust

Build More Hawaiian Homes Working Group

Christian Homeschoolers of Hawaii

Cliff Slater's Second Opinion

DVids Hawaii

FIRE

Fix Oahu!

Frontline: The Fixers

Genetic Literacy Project

Grassroot Institute

Habele.org

Hawaii Aquarium Fish Report

Hawaii Aviation Preservation Society

Hawaii Catholic TV

Hawaii Christian Coalition

Hawaii Cigar Association

Hawaii ConCon Info

Hawaii Debt Clock

Hawaii Defense Foundation

Hawaii Family Forum

Hawaii Farmers and Ranchers United

Hawaii Farmer's Daughter

Hawaii Federation of Republican Women

Hawaii History Blog

Hawaii Jihadi Trial

Hawaii Legal News

Hawaii Legal Short-Term Rental Alliance

Hawaii Matters

Hawaii Military History

Hawaii's Partnership for Appropriate & Compassionate Care

Hawaii Public Charter School Network

Hawaii Rifle Association

Hawaii Shippers Council

Hawaii Together

HiFiCo

Hiram Fong Papers

Homeschool Legal Defense Hawaii

Honolulu Navy League

Honolulu Traffic

House Minority Blog

Imua TMT

Inouye-Kwock, NYT 1992

Inside the Nature Conservancy

Inverse Condemnation

July 4 in Hawaii

Land and Power in Hawaii

Lessons in Firearm Education

Lingle Years

Managed Care Matters -- Hawaii

MentalIllnessPolicy.org

Missile Defense Advocacy

MIS Veterans Hawaii

NAMI Hawaii

Natatorium.org

National Parents Org Hawaii

NFIB Hawaii News

NRA-ILA Hawaii

Obookiah

OHA Lies

Opt Out Today

Patients Rights Council Hawaii

Practical Policy Institute of Hawaii

Pritchett Cartoons

Pro-GMO Hawaii

RailRipoff.com

Rental by Owner Awareness Assn

Research Institute for Hawaii USA

Rick Hamada Show

RJ Rummel

School Choice in Hawaii

SenatorFong.com

Talking Tax

Tax Foundation of Hawaii

The Real Hanabusa

Time Out Honolulu

Trustee Akina KWO Columns

Waagey.org

West Maui Taxpayers Association

What Natalie Thinks

Whole Life Hawaii