Lack of financial literacy is a big problem in Asia: report

Lack of financial literacy makes 88% of online customers in Asia face urgent shortages of money. Most importantly, 88% admit that their inaccuracy in personal budget planning because of insufficient financial literacy is the main reason for that. These are the findings of Robocash Group, based on its recent customer survey in the Philippines, Vietnam and India. Therefore, it is not surprising that 3 out of 10 customers in these two countries already study financial literacy regularly. In return, it allows expecting a significant increase in the level of financial literacy in the near future.

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