5 Ways Technology is Helping Improve Financial Literacy
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Being financially literate means being able to manage money well, make informed financial decisions and plan for the future, in order to live a more intentional and stress-free life. 39% of adults in the UK (20.3 million) lack confidence in their ability to manage their finances. 11.5 million have less than £100 in savings and nearly nine million Britons are in serious debt, yet only around a third receive assistance. A recent survey from Mintago of 1,024 UK adults in full-time employment found that almost two thirds have seen a decline in their financial condition since the start of 2022. Here are 5 ways technology is helping improve financial literacy.