Check how much your 15-year-old knows about bank accounts and debit cards, planning and managing money, taxes, savings, risk & rewards, consumer rights and responsibilities in financial marketplace.
A fascinating study on financial literacy assessed about half a million 15-year-olds from 15 countries on their knowledge of personal finances and ability to apply it to financial problems. PISA 2015: Students’ Financial Literacy issued by the OECD in May 2017, using the same Pisa scoring system that ranks abilities in reading and maths.
PISA results show that parents and families play an important role; when students discuss money matters with their parents, they have significantly higher financial literacy skills, even after accounting for differences in socio-economic background.
We live in a busy, happening world in which News 24X7 is a norm, whether they matter to us or not. In this section, we reflect on 3 news pieces on money, mind and media, from last quarter that are of relevance to parents .
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If there is any news that inspired, disturbed or perplexed you/ your family, share with us. The news could be inspiring, incredible, wonderful or to alert parents, families. Email your perspective on the news (up to 300 words) to email@example.com with links to the sources.