Rhapsodizing about money on his first comedy album, Let's Get Small, Steve Martin once revealed, "I bought some pretty good stuff. Got me a $300 pair of socks. I got a fur sink. Oh, let's see ... Electric dog polisher. That was a good one. Gasoline-powered turtleneck sweater. And, of course, I've bought some dumb stuff, too."

Thankfully, most Americans are less frivolous with their money these days than the "wild and crazy guy" of the '70s. According to a recent report, 73% of US adults surveyed said their financial habits have become more disciplined as a result of the COVID-19 pandemic. Among those people, an equal amount say they expect to maintain those habits going forward. That said, those numbers are far below the 95% who reported the same financial discipline in 2021.

When it comes to managing debt, budgets, and retirement planning, habits vary across the country. To find out how America is doing at allocating their funds, Forbes Advisor surveyed over 5,000 people in all 50 states, asking eight questions that covered the most crucial aspects of maintaining financial health. Those results were paired with recent data from the Federal Reserve, yielding a financial discipline score for each state.