Financial Wellbeing and Literacy Disparities
The Competition and Consumer Protection Commission (CCPC) in collaboration with Indecon Economic Consultants, has released a comprehensive report titled "Exploring Financial Wellbeing and Literacy Disparities across Population Groups in Ireland." This report delves into the financial wellbeing and literacy levels among various demographic groups within the country, building upon findings from a 2023 national survey conducted by Ipsos MRBI.
Key Findings from Phase I:
Financial Satisfaction: 58% of respondents expressed satisfaction with their current financial situation, yet approximately 14% acknowledged having excessive debt.
Financial Stability: One-…
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