Financial Wellbeing and Literacy Disparities
The Competition and Consumer Protection Commission (CCPC) in collaboration with Indecon Economic Consultants, has released a comprehensive report titled "Exploring Financial Wellbeing and Literacy Disparities across Population Groups in Ireland." This report delves into the financial wellbeing and literacy levels among various demographic groups within the country, building upon findings from a 2023 national survey conducted by Ipsos MRBI.
Key Findings from Phase I:
Financial Satisfaction: 58% of respondents expressed satisfaction with their current financial situation, yet approximately 14% acknowledged having excessive debt.
Financial Stability: One-…
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THOUGHT FOR THE DAY
“There was a wedding in Cana in Galilee. The mother of Jesus was there, and Jesus and his disciples had also been invited. When they ran out of wine, the mother of Jesus said to him, ‘they have no wine’ Jesus said ‘Woman, why turn to me? My hour has not come yet’. His mother said to the servants, ‘Do whatever he tells you’. There were six stone water jars standing there, each could hold twenty or thirty gallons. Jesus said to the servants, ‘Fill the jars with water’, and they filled them to the brim. ‘Draw some out now’ he told them ‘and take it to the steward’. They did this; the steward tasted the water, and it had turned into wine. Having no idea where it came from …the steward called the bridegroom and said, ‘People generally serve the best wine first, and keep the cheaper sort till the guests have had plenty to drink; but you have kept the best wine till now’
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