Key facts
- A new survey indicates women and Gen Z have the lowest financial literacy.
- Workers with very low financial literacy spend approximately 11 hours per week on money issues at work.
A recent financial literacy survey has identified women and Generation Z as the demographic groups with the lowest levels of financial understanding. The study highlighted a significant time burden on individuals with poor financial literacy, noting that these workers dedicate nearly 11 hours each week to managing money-related concerns within their professional lives. This suggests a substantial impact on productivity and well-being for these groups.