World’s Happiest People Seek Road to Financial Smarts

(Bloomberg) — Terms of Trade is a daily newsletter that untangles a world threatened by trade wars. Sign up here. The most cheerful people on Earth are about to get some help managing their finances.In Finland, which topped the most recent United Nations World Happiness Report, the central bank is drawing up a financial-literacy strategy for citizens.The idea, conceived in a country that already outperforms much of the rich world in education, is to figure out whether a bit more financial acumen will help Finns borrow less.Finnish household debt has doubled in the past two decades against a backdrop of …read more

Source:: Yahoo Finance

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