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:
“I have no doubt that they lived pretty much the same sort of life in the Homeric age, for men have always thought more of eating than of fighting; then, as now, their minds ran chiefly on the “hot bread and sweet cakes;” and the fur and lumber trade is an old story to Asia and Europe.”
—Henry David Thoreau (1817–1862)
“It is easier to sail many thousand miles through cold and storm and cannibals, in a government ship, with five hundred men and boys to assist one, than it is to explore the private sea, the Atlantic and Pacific Ocean of one’s being alone.... It is not worth the while to go round the world to count the cats in Zanzibar.”
—Henry David Thoreau (1817–1862)
“Sometimes there’s nothing but Sundays for weeks on end. Why can’t they move Sunday to the middle of the week so you could put it in the OUT tray on your desk?”
—Russell Hoban (b. 1925)
“Before I finally went into winter quarters in November, I used to resort to the north- east side of Walden, which the sun, reflected from the pitch pine woods and the stony shore, made the fireside of the pond; it is so much pleasanter and wholesomer to be warmed by the sun while you can be, than by an artificial fire. I thus warmed myself by the still glowing embers which the summer, like a departed hunter, had left.”
—Henry David Thoreau (1817–1862)
“I thought that when they said Atlantic Charter, that meant me and everybody in Africa and Asia and everywhere. But it seems like the Atlantic is an ocean that does not touch anywhere but North America and Europe.”
—Zora Neale Hurston (1891–1960)