In a survey on financial knowledge and education conducted in 2017, 79 percent of Italians answered that they would find it interesting being able to improve their knowledge about saving, investments, banking and payment protection. Moreover, 42 percent said they would be interested in knowing more about mortgage and personal loans. Finally, only three percent of the respondents declared that they were not interested in improving their financial knowledge.
Financial knowledge needs improving
The results of the survey also revealed that Italians seemed to be lacking an acceptable level of general financial knowledge. In fact, 53 percent of the respondents admitted that they were not very well informed when talking about banking and financial products, while only seven percent of the people interviewed said they were very well informed on the topics. Moreover, among those aware of their lack of financial knowledge, 55 percent said that they would like to know more about the topic but wouldn’t be willing to pay to learn more.
The respondents were represented as follows: 51% men and 49% women; 56% of the total respondents were in the 35-59 age category. Moreover, 58% of them held a higher education diploma (3+ years). A large proportion of respondents were living in the Italian regions of Lazio (35%), Lombardy (14%) and Emilia-Romagna (11%).
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Unione Nazionale Consumatori, & UniCredit Group. (April 9, 2017). Which of the following topics do you acknowledge to be more interesting in order to deepen your knowledge of banking and financial services? [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/787465/interesting-topics-on-banking-and-financial-services-in-italy/
Unione Nazionale Consumatori, und UniCredit Group. "Which of the following topics do you acknowledge to be more interesting in order to deepen your knowledge of banking and financial services?." Chart. April 9, 2017. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/787465/interesting-topics-on-banking-and-financial-services-in-italy/
Unione Nazionale Consumatori, UniCredit Group. (2017). Which of the following topics do you acknowledge to be more interesting in order to deepen your knowledge of banking and financial services?. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/787465/interesting-topics-on-banking-and-financial-services-in-italy/
Unione Nazionale Consumatori, and UniCredit Group. "Which of The following Topics Do You Acknowledge to Be More Interesting in Order to Deepen Your Knowledge of Banking and Financial Services?." Statista, Statista Inc., 9 Apr 2017, https://www.statista.com/statistics/787465/interesting-topics-on-banking-and-financial-services-in-italy/
Unione Nazionale Consumatori & UniCredit Group, Which of the following topics do you acknowledge to be more interesting in order to deepen your knowledge of banking and financial services? Statista, https://www.statista.com/statistics/787465/interesting-topics-on-banking-and-financial-services-in-italy/ (last visited August 24, 2024)
Which of the following topics do you acknowledge to be more interesting in order to deepen your knowledge of banking and financial services? [Graph], Unione Nazionale Consumatori, & UniCredit Group, April 9, 2017. [Online]. Available: https://www.statista.com/statistics/787465/interesting-topics-on-banking-and-financial-services-in-italy/