Ways to grow your financial IQ [Video]

(InvestigateTV) — A recent NerdWallet study found 47% of Americans lack confidence in their financial decision making.

The study also found that money skills tend to grow with age, income and education.

Melissa Lambarena, a personal finance expert with NerdWallet, said 30% of Gen Z says they’re confident in their ability to make good financial decisions compared to 39% of millennials, 47% of Gen Xers and 62% of Baby Boomers.

“Many of us don’t get financial education in schools though,” Lambarena said. “This is something that we figure out as we go along with different financial needs or milestones that we have to meet. And a lot of times we have to figure it out on our own or refer to sources online that might not always have the best or correct information.”

Lambarena said there are so many ways to build financial confidence. People can refer to their bank or credit union for online resources or …