In this respect, more than two-thirds of respondents consider the calculators on banks' websites to be trustworthy. This is followed by product comparators on the market. This area is most trusted by people with a university degree. Rather alarmingly, a quarter of the population trusts discussions on social networks, especially the middle-aged group and people with an education certificate.

Schools, family and banks should be involved in financial education

About a quarter of respondents said they had gained most of their financial knowledge from their own experience. Roughly one-fifth then learned most from various advisors. Czechs believe the state should be most involved in financial education through the school system, followed by the family and banks. The main reasons for the stagnating development of financial literacy are schools and the family. According to them, schools pay little or no attention to this topic in education. Parents, on the other hand, do not guide their children towards financial literacy, according to Czechs.

Financial literacy of Czechs remains stable