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

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Head of Accounting at Intuit Quickbooks Australia Shaye Thyer says the declining financial literacy is a “serious issue” and a “real concern” after a new study showed financial literacy is the biggest barrier for business owners.

Head of Account at Intuit Quickbooks Australia Shaye Thyer says the declining financial literacy is a “serious issue” and a “real concern” after a new study showed financial literacy is the biggest barrier for business 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 told Sky News Australia.Read More

 

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I ran a home business in the UK supplying products to other small businesses. The number of people that had the money and a dream but zero acumen was stultifying. Not just a financial ignorance problem the established business people saw them coming.

Well if they taught financial literacy in schools, rather than teaches kids how to get a job and work for someone else rather than being an entrepreneur. It’s wouldn’t be so poor. It’s like this for a reason

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