In a study called “Measuring Financial Literacy: Results of the Organization for Economic Co-operation & Development (OECD) International Network on Financial Education (INFE) Pilot Study,” it was noted that 97 percent of the Malaysian participants were actively saving in the past 12 months. Malaysia and 13 other countries participated in this study.
Now the question is how do you learn more about this topic? And what is the method you can apply to improve your financial literacy?
Generally, do all people have a choice to avoid going bankrupt? Can unfortunate circumstances cause a person to become bankrupt?
Do you think financial literacy or improving your financial IQ is important? What do you do to improve yours?