Financial education in Japan: is it effective?
There is a growing body of literature documenting that levels of financial education measured around the world are alarmingly low, even in economically advanced countries. With life expectancy increasing around the world, the responsibility for accumulating retirement savings shifts from employers to employees. Along with the increasing sophistication and complexity of financial products and services, these low levels of finance lead to significantly lower levels of well-being, obtained through poor economic decisions. ….[READ]
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