Tips on Managing your Finances

Recently, research platform CentiQ investigated the knowledge of personal financial management among the Dutch population. This showed that the majority of Dutch people know little of their own finances. Moreover, many people in a positive view of their financial capabilities. A quarter of the Dutch saw in the last twelve months of its financial situation deteriorate. According to the researchers, this is worrisome, given the combination with the optimistic attitude of many consumers.

People a fact the researchers have no idea of the impact of the crisis on their personal finances could mean. Sixty percent of respondents said enough to know about personal finances. The actual knowledge is, however, against: most consumers do not have a clue how much it costs to be red. Especially women, experience lower led sixty seniors have little knowledge of such matters.

The results of the study were obtained using a representative sample of fourteen hundred Dutch adults.

The Examination Platform CentiQ was founded by the Ministry of Finance. Among other banks and the Consumers are represented on the platform.

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