3min chapter

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252 DCA vs lump sum investing, careers outside of clinical work, ATO payment plans + more

Dev Raga Personal Finance

CHAPTER

What Are the Stats on Financial Literacy in Australia?

Australia ranks in the top 10 of financial literacy out of 140 countries. Women are less financial literate than men, 63% versus 48% when it comes to adults. The main difference between people who grew up poor and those who grew up wealthy or privileged is that they worry about money on a day-to-day basis.

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