Arming young people with financial capabilities does improve their employment prospects, but how exactly is still not clear. One possibility is that financial literacy boosts their confidence
People are stressed out about money, with most of us struggling to make ends meet due to abusing credits cards and amassing consumer debt. Some tips on how to change your spending behaviour.
A family economic health expert says there are good reasons why people avoid looking at their finances, so start small to increase confidence.
Evidence suggests that black South Africans can and do save money -- just not for retirement.
Indigenous entrepreneurship is growing at a rate six times faster than the general Canadian population and it is 10 years younger. Culturally relevant financial literacy is critical to its success.
Let's recognise the limitations of regulation as we try to improve outcomes. Money spent on new regulations may be better put to further educating future customers.
The financial services industry is in need of a new paradigm to rediscover what finance is for – to improve the financial and economic well-being of society.
What the huge HILDA survey reveals about your economic well-being, health and family life.
The Conversation, CC BY53.6 MB (download)
On today's episode, we'll hear what the huge HILDA survey says on Australians' financial literacy, energy use, how many of us are delaying getting a driver's license and how our economy is changing.
The Household, Income and Labour Dynamics in Australia (HILDA) Survey, out today, found women exhibiting much lower levels of financial literacy than men. How do you score?
“You can’t just come in like a fly and take-off” - patience and time on community is key to improving financial well-being in remote communities.
Research suggests that the reason people may put off funding their 401(k) plans or managing credit card debt is because our perception of finance as 'cold' conflicts with our hot-blooded emotions.
Financial literacy is more than numeracy, it requires a healthy scepticism of financial institutions and confidence in making financial decisions.
Learning about real-life money decisions from a young age helps kids learn maths and improves their financial literacy.
The federal government is trying to make Australians more financially literate, but it's using a definition that ignores many political, economic and cultural factors.
Good financial decision making is about more than avoiding debt or having a budget, it's about critically analysing your options.
It's not just individuals who pay for low financial literacy. It also increases financial risks and holds back the economy.