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The study found that only 24percentt of them "demonstrated basic financial knowledge".
The web exercise, however, neither raises interest in personal finance issues nor significantly increases basic financial knowledge.
Of course, more research is required to better understand the interplay between basic financial knowledge and the decision-making process.
Similar(54)
The SCFW included two financial knowledge questions to test whether respondents could understand the concepts of interest and inflation and had basic financial numeracy.
She just tried for basic financial security.
These four met certain basic financial requirements.
In one, only 5% of respondents passed basic financial tests.
Below, a basic financial primer for anyone rich and famous.
Financial knowledge.
Understanding basic financial concepts in a company.
A tried-and-true basic financial incentive.
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