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Is Financial Literacy Important?
Financial literacy or illiteracy is something which affects everyone, whether it be developed economies or developing economies. Being more financially literate means having a material impact on your life hands down. And financial products in 2022 are far more complex than in 1990. Due to this complexity, information obtained properly is vitally important. So, you don't get duped into signing things and GBS financial products and traps. Now, I found a speech by Keith Hall, who was a deputy governor of the banking payments sector that was made in 2008 during the GFC. Interesting read if you're interested.