As many as nine in ten Britons did not receive any financial education at school, a survey for The Mail on Sunday reveals.
In fact, almost half say they have had to teach themselves, the research from cashback website TopCashback found.
Financial literacy has been part of the National Curriculum since 2014. But many schools still do not teach standalone money lessons while academies and independent schools are not obliged to teach it at all.
Counting the cost: As many as nine in ten Britons did not receive any financial education at school
60 per cent of those surveyed said there were significant gaps in their knowledge of investing, while 56 per cent said they did not know enough about pensions. In contrast, people were more likely to have a solid understanding of saving, budgeting and banking.