Looking back on that experience and the experiences of growing up and going through college, I noticed a lack
of basic financial literacy among many people.
Second, the ability to figure out whether a warranty is worth it is well within what we should expect in terms of
basic financial literacy for grown - ups.
According to their research investment literacy falls by 3.4 % per year, insurance literacy slips by about 2 % a year
while basic financial literacy declines annually by 2.4 %.
However, women still lag behind men when it comes to financial literacy — women are «less comfortable with the stock market» and fewer than half of American women «are able to
answer basic financial literacy questions.»
While RESP accounts can help parents save for a child's education, opening a savings account for a child can be the first step in
teaching basic financial literacy, Abouzaher said.
They need to understand the relevant bits of corporate law, and to have
basic financial literacy.
The average score when a group of more than 300 execs and supervisors took
a basic financial literacy exam.
Nearly two thirds of Americans can't pass
a basic financial literacy test & 70 percent of teens don't know what a 401 (k) is.
Two thirds of Americans can't pass
a basic financial literacy test.
In a recent study, it was noted that nearly two - thirds of adults couldn't pass
a basic financial literacy test.
Barefoot College's model for energy access starts with a community meeting where they teach
basic financial literacy to help the community understand the high - cost of their current energy solutions.