The State of Financial Literacy in Australia
Thought we'd share this really insightful article from In the Black. It's called Half of all Australians struggle with financial literacy. Are you one?
It shares some really interesting ideas. This one's particularly thought-provoking:
In recent years, a number of national studies have consistently shown Australians’ financial literacy is generally poor. The Australian Securities and Investments Commission’s (ASIC) 2017 Financial Capability Survey reveals only 35 per cent of all Australians know the exact value of their superannuation.
There's a lot to be dissected in this piece so do give the rest of it a read.