E+ FinLit has the first results! And they are a bit more alarming than expected. While gathering and analyzing information from the questionnaires, we came to the conclusion that youth around the EU is actually facing very similar challenges in dealing with financial literacy challenges.
Our questionnaire covered 5 topics: general information about financial literacy, personal finance management, savings, loans and debts, investments and income increase.
Based on answers from Slovenia, Poland and Greece, young people in majority lack knowledge on how to realize their financial goals, using various financial products offered by banks and other financial institutions (e.g. loans, savings).
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