Asia Pacific Middle East Africa
A survey of women consumers across Asia Pacific Middle East Africa (APMEA) comprises basic money management, financial planning and investment. The top ten of APMEA Women MasterCard's Financial Literacy Index are: Thai 73.9, New Zealand 71.3, Australia 70.2, Vietnam 70.1, Singapore 69.4, Taiwan 68.7, Philippines 68.2, Hong Kong 68.0, Indonesia 66.5 and Malaysia 66.0.
A nationwide survey was conducted by SEDCO HOlding in Saudi Arabia to understand the level of financial literacy in the youth. The survey involved a thousand young Saudi nationals and the results showed that only 11 percent keep track of their spending; although 75 percent thought they understood the basics of money management. An in-depth analysis of SEDCO’s survey revealed that 45 percent of youngsters do not save any money at all, while only 20 percent save 10 percent of their monthly income. In terms of spending habits, the study indicated that items such as mobile phones and travel account for nearly 80 percent of purchases. Regarding financing their lifestyle, 46 percent of youth rely on their parents to fund big ticket items. Fortunately, 90 percent of the respondents stated that they are interested in increasing their financial knowledge.
Read more about this topic: Financial Literacy
Famous quotes containing the words asia, pacific, middle, east and/or africa:
“Incarnate devil in a talking snake,
The central plains of Asia in his garden,
In shaping-time the circle stung awake,
In shapes of sin forked out the bearded apple....”
—Dylan Thomas (1914–1953)
“I need not tell you of the inadequacy of the American shipping marine on the Pacific Coast.... For this reason it seems to me that there is no subject to which Congress can better devote its attention in the coming session than the passage of a bill which shall encourage our merchant marine in such a way as to establish American lines directly between New York and the eastern ports and South American ports, and both our Pacific Coast ports and the Orient and the Philippines.”
—William Howard Taft (1857–1930)
“A normal adolescent is so restless and twitchy and awkward that he can mange to injure his knee—not playing soccer, not playing football—but by falling off his chair in the middle of French class.”
—Judith Viorst (20th century)
“The practice of politics in the East may be defined by one word: dissimulation.”
—Benjamin Disraeli (1804–1881)
““I’ll love you dear, I’ll love you
Till China and Africa meet,
And the river jumps over the mountain
And the salmon sing in the street.”
—W.H. (Wystan Hugh)