40 Ways People Scream “I’m Economically Illiterate” Without Even Trying
Financial knowledgeis a very good skill to have. Whether we want it or not, most aspects of our lives are about money. Data from theWorld Economic Forumshows that about half of Americans are financially literate.In the EU, 65% of citizens understand inflation, and 45% can explain compound interest. Understanding economics can be hard, but the WEF explains that “it’s important to develop a basic understanding of the influential role money plays in our work, social life, health, education and everything in between....