Do you understand the meaning of financial terms such as “inflation”? If so you’re in the minority, according to research by the Organisation for Economic Cooperation and Development (OECD). The study revealed that only 38% of UK adults knew what the word “inflation” meant. The same study also discovered that just 69% put careful consideration into making major purchases. This overall lack of financial literacy … Continue reading How does your financial knowledge compare to the average UK adult?