Survey reveals significant gap in young Germans' financial knowledge

NAMPA / DPA

2024-12-14

Frankfurt (dpa) - Many young Germans are embracing modern financial tools such as exchange-traded funds (ETFs), cryptocurrency and smartphone banking, but a recent survey reveals significant gaps in financial literacy. The survey conducted by Forsa on behalf of Visa and direct bank ING Germany showed that 52% see themselves as knowledgeable about financial matters. A large majority of 91% regard being aware of financial issues as important, but......

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