Friday, March 31, 2017

Financial literacy scores, the highest and 20 the lowest 50s



[Korea goyounghun financial newspaper reporter] for three consecutive years the fifties highest financial knowledge scores showed that the lowest twenties financial knowledge scores.

31 days, according to the Korea Financial Results Investor Protection Foundation survey of adult men and women, despite expanding financial education and financial literacy score did not change for three years. Survey is 10,025 to 64 years, men, women, 2,530 people are investigating term week about 2 from October 13, 2014, October 2 weeks from the 30th, 2015, about two weeks from 9 November 2016, etc. It was held over.

2016 financial knowledge scores 3.15 points compared to last year, rising by 41.98 points (5.04 points out of 12 points) out of 100, but there was no big change, after 2014 showed a similar pattern back and forth 40 points.

Household financial decision maker, if inflation were basically, if you do not know also many investment risk you need to know, know how to distinguish between the rate fund investment fees and commissions were lower.

Middle and late third consecutive year 20 young people recorded the lowest score. (Out of 12 points 5.53) 50 46.10 stand point by 2016, showed a difference of about 8.2 to 20 points versus 37.89 points (4.55 out of 12 points).

Financial Investor Protection Foundation Kim Eunmi researchers to target employees from saying "establishment" 20s work around various faces financial transactions, and this lack of experience, and now urgently study the situation Building yen a challenging environment for financial literacy as a nutty like job preparation " such as the introduction of mandatory financial education explained that "to consider.

In addition, the average scores of the general financial knowledge and experience financial fraud appeared to be higher than financial fraud inexperienced person.

Kim, the researchers plan to secure and "effective" because financial literacy is high, rather high probability of being a fraud in confidence is the need for a separate finance education expansion for financial fraud prevention voice phishing, financial investment fraud. " it is also imperative, "he said.



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