Declining financial literacy is a ‘real concern’ for business owners

Declining financial literacy is a ‘real concern’ for business owners

Head of Account at Intuit Quickbooks Australia Shaye Thyer says the declining monetary literacy is a “serious issue” and a “real concern” after a brand new examine confirmed monetary literacy is the largest barrier for business house owners.

“Financial literacy is what I think of as a baseline understanding of the things we need to know as humans to run our life in a world that is powered by financial things,” Ms Thyer informed Sky News Australia.

“We actually have quite a serious issue of declining financial literacy for men and women.”

Source: www.news.com.au