Domestic Society
21:10 19 March 2024
Post by: WBJ

37% of Poles claim to have limited knowledge about finance

37% of Poles claim to have limited knowledge about finance
Source: Pexels

The "Level of Financial Knowledge of Poles" study indicates that 37% of respondents rate their financial knowledge as low or very low, with 34% considering it average. The average self-assessment stands at 2.85, with younger, older, and less educated individuals rating their knowledge the lowest.

Despite a growing trend in knowledge-seeking behavior, President of the Polish Bank Association Tadeusz Białek notes persistent low levels of financial literacy. Online sources like portals and blogs are the primary knowledge providers for 59% of respondents. Moreover, there's a lack of awareness regarding financial instruments, with significant percentages unfamiliar with bonds, options, and other market products.

The study, conducted via CATI, surveyed 1000 adult Poles.

Source: inwestycje.pl


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