Where Does India Rank In Financial Literacy?


# 5 Canada

As Canadians are good at preparing and following house hold budget, they easily save money which can come in use for around 90 days in case they lose their job or their business fails.

# 6 New Zealand

New Zealanders have made it a priority to discuss about money with their young ones but more than 70 percent of them think that these youngsters do not understand finance.

 # 7 Japan

Japanese are money–wise; they plan about managing money, and then allocate money to various house hold expenses. As they are good at budgeting, they also save money in contingency funds which can last over for 90 days.

# 8 Belarus

More than 35 percent of Belarus population agrees to the fact that many young adolescent of their nation have a good understanding about finance.

# 9 Thailand

More than 75 percent of Thai have the opinion of, their country young adult not having realization of finance related issues.

# 10 Malaysia

Malaysia is a middle-income country. Malaysia has had flourishing economic records in Asia, during with GDP growing an average 6.5 percent annually from 1957 to 2005. Since the 1970s, it has transformed from a producer of raw materials into an emerging multi-sector economy.