finances

Why is Australian 15-year-olds’ financial literacy declining?
Why is Australian 15-year-olds’ financial literacy declining? (1 votes, average: 5.00 out of 5)

Around a fifth of 15-year-olds in Australia do not have basic financial literacy, according to a new OECD Programme for International Student Assessment (PISA) financial literacy assessment results report. Financial literacy is defined by the OECD as: Knowledge and understanding ... Read More »

Out of school and into debt? Calls for teens to improve on money management
Out of school and into debt? Calls for teens to improve on money management (1 votes, average: 5.00 out of 5)

A survey of young people by QUT researchers has found many lack the financial literacy to manage car loans, repay credit cards and navigate mobile phone deals. The results have prompted the study’s researchers to call on educators to do ... Read More »

Poverty’s most insidious damage is to a child’s brain
Poverty’s most insidious damage is to a child’s brain (0 votes, average: 0.00 out of 5)

An alarming 22% of U.S. children live in poverty, which can have long-lasting negative consequences on brain development, emotional health and academic achievement. A new study, published July 20 in JAMA Pediatrics, provides even more compelling evidence that growing up ... Read More »

Families find value in frugality
Families find value in frugality (0 votes, average: 0.00 out of 5)

Middle-income earners are just as thrifty as those less well-off when it comes to budgeting the family finances, QUT research has found. Researchers from QUT’s Science and Engineering Faculty investigated the budgeting techniques of families whose average household incomes were ... Read More »

 
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