Financial literacy is crucial for individuals to understand their rights and make informed decisions about their finances. The 'Professional Certificate in Understanding the Importance of Financial Literacy for Human Rights' is essential to equip professionals with the knowledge and skills to promote financial inclusion and empower individuals to exercise their rights effectively.
According to a survey conducted by the Money Advice Service, only 38% of UK adults are able to understand basic financial concepts, such as inflation and interest rates. This lack of financial literacy can lead to individuals being vulnerable to financial exploitation and unable to access essential financial services.
Industry Demand Statistics |
Statistics |
Percentage of UK adults with low financial literacy |
62% |
Number of UK adults without a basic understanding of financial concepts |
12 million |
Percentage of UK adults who have experienced financial exploitation |
25% |
By completing this certificate, professionals can play a vital role in promoting financial literacy and human rights, ultimately contributing to a more inclusive and equitable society.