Core competencies frameworks
Evaluating financial literacy
Understanding whether financial education works, how it works and the most appropriate methods for evaluating financial education programmes are key components of a successful national strategy for financial education. Good programme evaluation allows to show whether objectives are being met, to identify elements that can be scaled-up or replicated.
Measuring financial literary
Assessing the levels of financial literacy in the population is a key component of a successful national strategy for financial education, enabling policy makers to identify gaps and design appropriate responses. International comparisons increase the value of such an assessment by enabling countries to benchmark themselves with other countries.