Would You Pass the Global Financial Literacy Test?
Yes. Take it here and marvel at Americans' lousy score.
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A bit of financial advice: When you go out to dinner with a Norwegian, a Swede or a Dane, let them calculate the tip. While you're at it, get them to look over the rest of your bills.
More than 70 percent of those cold-weather creatures understand basic financial concepts, according to Standard & Poor's Rating Services' Global Financial Literacy Survey, released today. The survey used four questions to test basic numeracy and understanding of interest compounding, inflation, and risk diversification. 1447867734820