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Central Florida’s best and worst cities for money management

Money Pile $100 dollar bills A middle schooler in Summerfield is accused of giving out hundreds of dollars to her classmates that she allegedly stole from her grandmother. (Kativ/Getty Images)

ORLANDO, Fla. — Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.

People in Kissimmee, St. Cloud and Palm Bay have the worst money management skills among 33 cities in Central Florida, according to a new study by personal finance company WalletHub.

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Meanwhile, residents in Windermere, The Villages and Winter Park are the most money-savvy.

To determine where people have the best — and worst — financial skills, WalletHub compared 2,517 U.S. cities based on 10 key indicators of money management, including the average credit score, the average number of late payments in the past year and the mortgage debt-to-income ratio.

Click here to read the full story on the Orlando Business Journal’s website.

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