Standard & Poor's Global Financial Survey uses four questions to test basic numeracy and understanding of interest compounding, inflation, and risk diversification. Not too surprisingly, the U.S. lags behind other major English-speaking economies in its percentage of financially literate citizens. Don't be too scared to give it a hack! (we won't judge too hard if you get one wrong).
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Would You Pass the Global Financial Literacy Test?
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In major emerging economies, it’s the 15- to 35-year-old demographic that shows the highest percentage of financial literacy. In major advanced economies, that distinction goes to the 36- to 50-year-old crowbd.
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