When it comes to school education, it should be taught as a compulsory and preferably independent subject, namely, mainly the effective management of savings, financial goal setting, and making responsible financial decisions, according to the results of a recent national survey.
According to data from the National Association of Voluntary Funds, half of Hungarians believe they would currently be in a better financial situation if there had been lessons in financial knowledge at school.
The research was carried out to mark the sixth annual Treasury Association competition to develop high school students' financial knowledge and awareness, the Pénzmesterek [Money Masters], with a total prize of nearly HUF 3 million.
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