Logo Polskiego Radia

Almost half of Poles struggle with financial literacy: study

Reuters
Paweł Kononczuk 28.03.2019 07:30
Almost half of Poles say they have problems with basic financial literacy, according to a study.
Image by Free-Photos from Pixabay

Understanding cybersecurity and loans is particularly problematic, public broadcaster Polish Radio’s IAR news agency has reported.

The findings of the study were unveiled at the 3rd Financial Education and Entrepreneurship Congress conference in Warsaw on Wednesday.

Three in four respondents interviewed for the study said they read or attempted to read financial agreements carefully, but 43 percent did not fully understand such documents, according to the IAR news agency.

Meanwhile, around two in three respondents were not interested in investing, the agency reported.

The study, called "The level of Poles’ financial knowledge 2019," was conducted on a nationwide representative group of 500 people from March 7 to 13.

(pk/gs)

Source: IAR

Print
Copyright © Polskie Radio S.A About Us Contact Us