Every day, you are faced with financial choices – savings, investments, real estate purchases, property purchases – that influence your future. The right choices can be made by knowing basic financial concepts and rules.
The app includes a set of basic financial concepts and rules that you need to know in order to know how to manage your income, how to spend, how to save or how to invest. A basic level of financial literacy will enable you to meet your financial goals and obligations, secure your future, and make choices that ensure your happiness.
The app also contains four short tests. The financial literacy test measures your knowledge of interest rates, inflation rates, nominal values, real values and the characteristics of financial instruments. The financial well-being test shows you to what extent your personal financial situation gives you security and freedom in your everyday life. The self-knowledge test assesses your ability to resist the temptation to give an intuitive answer, revealing the predisposition to make hasty financial decisions and the level of numerical skills. The risk tolerance test shows you whether you are a conservative investor who prefers low and safe returns, or an investor who prefers riskier investments with high returns.
The application also provides monthly analysis reports of events taking place on the stock exchanges and the bond market, as well as the decisions taken by central banks.
Download, read and improve your financial literacy!
The application was made within the project Consolidation of financial integration using financial literacy tools (PN-III-P1-1.1-TE-2019-0415), which benefited from a grant from the Ministry of Research, Innovation and Digitalization, CNCS/CCCDI - UEFISCDI, within PNCDI III. Copyright on the content of the application belongs entirely to the Institute of World Economy.
The app includes a set of basic financial concepts and rules that you need to know in order to know how to manage your income, how to spend, how to save or how to invest. A basic level of financial literacy will enable you to meet your financial goals and obligations, secure your future, and make choices that ensure your happiness.
The app also contains four short tests. The financial literacy test measures your knowledge of interest rates, inflation rates, nominal values, real values and the characteristics of financial instruments. The financial well-being test shows you to what extent your personal financial situation gives you security and freedom in your everyday life. The self-knowledge test assesses your ability to resist the temptation to give an intuitive answer, revealing the predisposition to make hasty financial decisions and the level of numerical skills. The risk tolerance test shows you whether you are a conservative investor who prefers low and safe returns, or an investor who prefers riskier investments with high returns.
The application also provides monthly analysis reports of events taking place on the stock exchanges and the bond market, as well as the decisions taken by central banks.
Download, read and improve your financial literacy!
The application was made within the project Consolidation of financial integration using financial literacy tools (PN-III-P1-1.1-TE-2019-0415), which benefited from a grant from the Ministry of Research, Innovation and Digitalization, CNCS/CCCDI - UEFISCDI, within PNCDI III. Copyright on the content of the application belongs entirely to the Institute of World Economy.
Show More
