The question here is what do the Nordics do right with respect to their education that we do incredibly wrong? Or is it more a thing taught in the family?
Is this self-reported or what?
– 90% of Hungarians before the 2008 crisis: hey loans are pretty cool I will just buy whatever the fuck I want, and when I want it (now), they do not even care about my salary, haha OMEGALUL
– 90% of Hungarians after the crisis: OMG loans are bad, are you crazy for taking one, DO YOU WANT TO SELL YOUR CHILDREN INTO SLAVERY?!?!?
Ex-USSR data on this map is shit. Commies taught people communist magic instead of economy. In 1990s attempts to introduce something better were slow and underfunded. I was finishing a relatively cool school in 2000s and we still had minimal coverage of subject. Bros in the neighborhood were like: economy? u wat mate? u guys learn strange things there.
Popularity of microcredit aka 350%+ yearly interest organizations proves my point.
Horse-shoe theory confirmed
I don’t even know what financial literacy means)
Financial literacy is an ability to invest your pension money wisely, and budget planning skills. But here in Finland the state invests your pension money, and if you get into trouble, because you spend too much, or you get into trouble, the state will give you the amount of money, which is about the same you would get from low paid jobs. So, this chart seems to be little bit nonsense.
One of those moments when stereotypes and reality perfectly intersect.
Darlling, half of the portuguese population didnt even finished highschool.
Good to see that Greece has relatively OK financial literacy—just need to impart that to the leadership. 😜
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Source: [HowMuch.net](https://howmuch.net/articles/financial-literacy-around-the-world)
Time to blame gypsies for that.
The question here is what do the Nordics do right with respect to their education that we do incredibly wrong? Or is it more a thing taught in the family?
Is this self-reported or what?
– 90% of Hungarians before the 2008 crisis: hey loans are pretty cool I will just buy whatever the fuck I want, and when I want it (now), they do not even care about my salary, haha OMEGALUL
– 90% of Hungarians after the crisis: OMG loans are bad, are you crazy for taking one, DO YOU WANT TO SELL YOUR CHILDREN INTO SLAVERY?!?!?
Ex-USSR data on this map is shit. Commies taught people communist magic instead of economy. In 1990s attempts to introduce something better were slow and underfunded. I was finishing a relatively cool school in 2000s and we still had minimal coverage of subject. Bros in the neighborhood were like: economy? u wat mate? u guys learn strange things there.
Popularity of microcredit aka 350%+ yearly interest organizations proves my point.
Horse-shoe theory confirmed
I don’t even know what financial literacy means)
Financial literacy is an ability to invest your pension money wisely, and budget planning skills. But here in Finland the state invests your pension money, and if you get into trouble, because you spend too much, or you get into trouble, the state will give you the amount of money, which is about the same you would get from low paid jobs. So, this chart seems to be little bit nonsense.
One of those moments when stereotypes and reality perfectly intersect.
Darlling, half of the portuguese population didnt even finished highschool.
Good to see that Greece has relatively OK financial literacy—just need to impart that to the leadership. 😜
Let’s not talk about Turkey at all!
seems_legit_meme