Financial literacy: A growing concern in the US & EU
Edited By WION Video Desk
Published: Apr 29, 2024, 05:15 IST | Updated: Apr 29, 2024, 05:15 IST
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A recent survey in the United States paints a concerning picture. The P-Fin index, a key barometer of personal finance knowledge, indicates that financial literacy in the US has stagnated for eight consecutive years, hovering around just 50%. This means half of American adults lack a strong grasp of core financial concepts.
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