(2023) endeavored to explore how varied aspects of digitization, encompassing digital financial behaviors, digital interventions, and financial technology, influence individuals’ financial literacy. Furthermore, they propose methodologies for constructing a metric of digital financial literacy. Entrepreneurial ...
The present study examines the impact of family financial socialization theory (FFST) subjective constructs consisting of financial socialization (FS), financial literacy (FL), financial attitude, and financial behavior on peri-urban areas male villagers’ financial well-being (FWB) in an emerging econ...
Financial literacy is the ability to manage one’s money. The goal of financial literacy is to help in understanding financial concepts that will help them to manage their money better. It is a life skill that one must grasp for good financial wellbeing. Financial literacy includes budgeting, ...
Financial literacy Financial education Irreversibility 1. Introduction Financial literacy (FL) is a key asset to enhance household financial well-being (Lusardi and Messy, 2023). Research shows a strong correlation between FL and positive financial behaviors, such as higher savings rates (Jappelli and...
Financial Literacy Surveys around the world have indicated that financial literacy levels are low in developed countries and lower in developing countries (S&P Global FinLit Survey, 2014). It is also noted that individual financial decisions are affected by factors such as age, schoo...
2023, International Review of Economics and Finance Show abstract Financial literacy, debt, risk tolerance and retirement preparedness: Evidence from New Zealand 2021, Pacific Basin Finance Journal Citation Excerpt : Financial literacy is related to returns from stock market participation and the incurred...
Research based on financial literacy and financial access has its high demand In Bangladesh and in the countries where financial inclusion is an emerging issue, a limited number of studies have also shown and compared the impact of financial literacy on financial access. This limitation is ...
Financial literacy helps us to plan for the future, and makes the often obtuse world of investing and retirement more accessible.
It all begins with setting thefoundations of financial literacy.There are four basic components to this, understanding each one will set your kids up for success. Understand the difference between an asset and a liability You may have noticed this is a recurring sentiment in our articles. There...
How does financial literacy influence undergraduates’ risk-taking propensity? 2023, International Journal of Management Education Citation Excerpt : The questions used to measure financial knowledge, financial attitude and financial behaviour are available in Appendix A. Our research controls the effect of...