WINNIPEG (CU)_In this day and age, financial literacy is considered an essential skill alongside reading and writing. Experts this as the knowledge required to make informed financial decisions, and take measures that would lead to positive financial outcomes. Now, as Canada emerges from the worst effects of the pandemic, a survey has found that a significant proportion of the country’s consumers lack of confidence in their financial knowledge, underestimating their understanding on topics like savings, investing, debt and insurance.
The study was conducted by…
