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Financial literacy: empowering consumers, improving lives

Financial literacy: empowering consumers, improving lives. AFI Global Policy Forum – Poll 1. In my country, financial education interventions have brought about behavior change by consumers in a significant way. Strongly agree Somewhat agree Somewhat disagree Strongly disagree. 2 0.

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Financial literacy: empowering consumers, improving lives

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  1. Financial literacy: empowering consumers, improving lives

  2. AFI Global Policy Forum – Poll 1 In my country, financial education interventions have brought about behavior change by consumers in a significant way • Strongly agree • Somewhat agree • Somewhat disagree • Strongly disagree 20

  3. AFI Global Policy Forum – Poll 1 Answers In my country, financial education interventions have brought about behavior change by consumers in a significant way Total Votes: 75

  4. AFI Global Policy Forum – Poll 2 How much can CP regulation substitute for inadequate consumer knowledge/behavior? • To a great extent – better to fix the provider and product than to have to educate the consumer • Equally important – what’s the point of rules if people don’t understand them? • To a lesser extent - You must build consumers’ financial capability before they start taking up and using new products 20

  5. AFI Global Policy Forum – Poll 2 Answers How much can CP regulation substitute for inadequate consumer knowledge/behavior? Total Votes: 78

  6. AFI Global Policy Forum – Poll 5 Which statement do you most agree with (choose only one)? • Government must lead on financial education strategy and programs • Financial service providers must lead on educating consumers • Government should decide on fin. ed. priorities, but industry & civil society should deliver programs • Other 20

  7. AFI Global Policy Forum – Poll 5 Answers Which statement do you most agree with (choose only one)? Total Votes: 92

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