As per my earlier post, finance is one of the most important subject we must learn and hence financial literacy of the population of a particular country speak volumes on how successful of that country (at least from the financial/market perspective). Recently, McGrawhill Finance has released their latest Standard & Poor’s Ratings Services Global Financial Literacy Survey and I am quite surprise with what I've seen. The survey was based on interviews with more than 150,000 adults across 148 countries in 2014 and following is how they define Financial Literacy : Financial literacy is the ability to understand how money works in the world: how someone manages to earn or make it, how that person manages it, how he/she invests it, or how that person donates it to help others. Following are the key stats from the survey outcome (Top, Middle and Bottom 10 countries): ...  ...