The Consumer Financial Protection Bureau has solicited comment on whether the collection of information relating to the Financial Well-Being National Survey is necessary for the proper performance of the functions of the Bureau, including whether the information will have practical utility.  While the Bureau has increased the rigor it has brought to its financial education mission over the last few years, it is unclear what the Survey is meant to measure and it is unclear what it, in fact, will measure.  Specifically, one of the goals of the Survey is to measure the level of financial well-being of American adults, but the survey relies too heavily on the subjective responses of participants to achieve that goal.  We have reason to believe that subjective assessments of financial literacy are suspect.