Savvy 2020 Financial Literacy Survey

Earlier this year, Savvy asked our customers to participate in a survey about financial literacy. We conducted the survey after learning the Household, Income, and Labour Dynamics in Australia report showed only 50% of men and 35% of women could answer all the basic financial questions correctly. We wondered – is a lack of financial literacy a problem in Australia? What does that mean for Australian children growing up in a modern economy? In this survey, we peek at how financially literate Australians are in 2020.

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