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VR magazine

The financial literacy of young people

VR magazine

23.10.2024

Understanding finances, knowing key terms, and being aware of how things work in the labor market is crucial for individuals’ well-being. According to a survey conducted by Gallup and the Icelandic Financial Services Association earlier this year, financial literacy among young people in Iceland is too low, and there is a common belief that young people should learn about the topic at the elementary and secondary school levels.

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