Articles sur Financial literacy

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B.C.‘s ambitious new school curriculum includes mandatory financial literacy instruction within math courses at every grade level, starting from kindergarten. (Shutterstock)

Why financial literacy should be taught in every school

Financial literacy is non-intuitive to the human brain and fundamental to survival today. We should follow British Columbia's example and make financial literacy mandatory in every grade - across the country.
Young women in the survey showed less interest and knowledge on long-term investments. www.shutterstock.com

Young women can budget in the short term but struggle with long-term investments: survey

Young women are are confident in implementing budgeting and savings strategies, but lack the knowledge and confidence required to implement long-term financial strategies, a new pilot study finds.
Access to small loans is getting easier, but not everyone is resilient enough to manage their finances. Image sourced from shutterstock.com

Four reasons payday lending will still flourish despite Nimble’s $1.5m penalty

The payday lending sector is under scrutiny again after the Australian Securities and Investment Commission’s investigation into Nimble. After failing to meet responsible lending obligations, Nimble must…
The answer… 56. Multiplication table by extender_01/Shutterstock

What is 7x8? You’ll need confidence to answer correctly

The British Chancellor George Osborne recently refused to answer a simple times table question posed to him by seven-year-old school boy Samuel Reddings. Osborne was asked the question 7x8, but declined…
Will ‘History of Financial Crises’ education really do anything to curb risk taking behaviour? shutterstock

Financial crises 101 could provide lessons for all

The chairman of the Australian government’s Financial Sector Advisory Council, Paul Binsted, believes that bankers who have experienced financial crises are more cautious about taking risks. However, short…
Payday lenders can seem a necessity for many Australians. Flickr/taberandrew

Almost 3 million adult Aussies lack basic financial services

Almost 3 million adult Australians are entirely or severely excluded from mainstream financial services including bank loans…
When emotions meet economics: New York police and protesters clash during the Occupy movement protests on Wall Street. AAP

Economics and the brain: how people really make decisions in turbulent times

In a 2008 paper on neuroeconomics, Carnegie Mellon University economist George Loewenstein said: “Whereas psychologists tend to view humans as fallible and sometime even self-destructive, economists tend…

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