Private Wealth and Family Office Association – financial literacy!
Whilst we debate about how the financial system is creating more divisions, how money is not everything, the reality for each problem we face is probably based on finance.
We can be philosophical and think about a better world or we can be wealthy and make a better world. How we spend more than we need to and create indebtedness in this consumer market is often an indicator of limited financial literacy.
The top 10 Most Financially Literate Countries according to the S&P’s Global Financial Literacy Survey are: Denmark/Norway/Sweden/Canada/Israel/United Kingdom/Germany/Netherlands/Australia/Finland (list a).
When one compares that list to the World Happiness Report
(a United Nations Sustainable Development Solutions Network, 7 nations are among the top 10 in both list and the 3 remaining which are on list a still falls within the top 20 happiest countries.