The National Financial Literacy Strategy is led by the Australian Securities and Investments Commission (ASIC). One of its aims is to improve the financial wellbeing of Australians by advancing their financial literacy.
The research makes a fascinating read. Some of the highlights from its most recent survey are:
Around budgeting, there were also some interesting observations:
At Fincoach Direct, Financial Literacy is what we do. We show you how to manage your money, how (and why!) you would want to set a budget and how easy it is to stick with it.
If you’d like to know more, contact us, and we’ll see what we can do.