Infographics are a fantastic way to learn for those that prefer a visual representation of subject matter. Once a week, I will feature an infographic that details a basic financial concept with stunning clarity. As a blog dedicated to financial education and the elimination of financial illiteracy, I figured I’d start with an inforgraphic that portrays the financially competent.
Today’s infographic is brought to you by eZonomics.
While the 5 questions asked of the participants seem very simple for anyone in the financial industry, I can see how people might get tripped up on question 3 and question 5 if you don’t stop to think about it. Still, it’s interesting to see what characteristics are common in those that answer at least 80% of the questions correctly.
I would think that the percentage of people that argue about money would be a RESULT of finanicial competency and not the other way around. That’s like saying, “I’m financially competent because I pay my bills”. I would argue that you pay your bills BECAUSE you’re financially responsible and you are aware of how not paying your bills would affect your credit worthiness.
Still, a good infographic and the first of many to come.
READERS: Who likes the ingenious aspects of infographics and considers them a great tool for those that prefer to learn visually?