
25 Michigan Cities With the Worst Money Management Skills
A new study finds that residents of some Michigan cities have a harder time than others when it comes to managing money.
Detroit, Flint, Lansing and Battle Creek are among the cities with the worst money management skills in the state - but there's another Michigan city that tops them all.
Do you even remember being taught back in high school how to manage your finances effectively? Yeah, us neither. We learned the Pythagorean Theorem, and all the names of the parts of a cell, but somehow we must have missed the stuff about credit scores and debt and how to manage our money.
Recognizing the Signs of a Bad Money Manager
The personal finance website WalletHub is out with its list of "Cities Where People Have the Best Money Management Skills (2025)".
SEE ALSO: Here's How Much Money It Takes to Be 'Happy' in Michigan
Data from more than 2,500 American cities was considered, with a focus on two key areas: debt level and financial behavior.
👇 See the 25 Michigan Cities With the Worst Money Management Skills Below 👇
"Debt level" compared the average income in each city to its rates of credit card, mortgage, auto, and student loan debt. Study authors also considered how much of the average resident's credit was being actively used.

"Financial behavior" looked at things like each city's media credit score, foreclosure rates, and the percentage of residents who are late on payments or recently filed bankruptcy.
What Michigan Cities Have the Best (and Worst) Money Management Skills?
The WalletHub study revealed that residents in six Michigan cities are among the top 5% in the nation when it comes to managing their money:
- Bloomfield Hills - 99th percentile
- Novi - 98th percentile
- Troy - 97th percentile
- Rochester Hills - 97th percentile
- Northville - 96th percentile
- Ann Arbor - 96th percentile
No real surprises there - those are some of the most affluent communities in the state.
What might surprise you, however, are the 25 Michigan cities that have the worst money management skills. Take a look.
25 Michigan Cities With the Worst Money Management Skills
Gallery Credit: JR
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Gallery Credit: Finance Buzz