Home » Business » No knowledge of compound interest: Too little financial literacy among students – money

No knowledge of compound interest: Too little financial literacy among students – money

What is a bank account? Most young people don’t know the answer to this. “Many think that the ATM card is the account,” says Bettina Fuhrmann. As the head of the Institute for Business Education, she not only conducted a number of studies on financial education, she also attended schools and provided information about money. The researcher knows: “The knowledge gaps are enormous.”

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.