How can people improve their relationship with money?
Barr, N.
(1 June 2023)
How can people improve their relationship with money?
LSE Business Review.
(1 June 2023)
How can people improve their relationship with money?
LSE Business Review.
Low financial literacy is widespread and continuing. Many people do not understand simple interest, let alone compound interest or present values, which underpin sensible decisions about pensions. Nicholas Barr writes about his work and that of Martin Lewis on financial education and policy design to help people make better financial decisions. While they agree on desired outcomes, they don’t always see eye to eye on how to get there.