I have recently completed my study on the impacts of financial literacy. The paper features analysis of current financial literacy systems and metrics in order to arrive at a conclusion regarding the true effects of financial literacy. In specific, the study attempts to quantify financial literacy at a state by state level and compare this quantitative data to community well-being statistics, including crime rate, unemployment rate, and median income. Beyond this, recommendations are made on the effectiveness of states' current programs based upon the state's financial literacy. As a whole, the study aims to assess the current understanding of financial literacy and provide a future outlook. The study has been published in the International Journal for Multidisciplinary Research.