Letter from Prague Czechs are good at managing their money and property
In the midst of a financial crisis it is good to know that Czechs know how to manage their money and property. Not that you would think so just by talking to people – we do grumble occasionally about steep prices and making ends meet. But according to a survey that GE Money Bank conducted in the post-communist states Czechs have a high level of financial literacy, getting the best grade in the Smart Money Index that GE uses to compare the financial behaviour of households in individual countries.
Photo: European Commission
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