Exploring the Relationship Between Financial Education, Financial Attitude, Financial Advice, and Financial Knowledge: Insights Through Financial Capabilities and Financial Well-Being
Journal of risk and financial management,
Год журнала:
2025,
Номер
18(3), С. 151 - 151
Опубликована: Март 13, 2025
This
study
analyzes
the
relationship
between
financial
education,
attitude,
advice,
knowledge,
and
behavior
its
influence
on
capabilities,
as
well
their
impact
well-being.
The
population
consists
of
individuals
over
18
years
age,
who
are
primarily
higher
education
students.
A
non-probabilistic
self-selection
sampling
method
was
used,
data
were
collected
through
an
electronic
form
Google
Forms.
design
is
quantitative,
non-experimental,
cross-sectional.
instrument
includes
sections
sociodemographic
profiles,
attitudes,
knowledge
behavior,
well-being
using
a
1
to
5
Likert
scale.
To
ensure
validity
reliability,
statistical
indices
such
Cronbach’s
alpha
McDonald’s
omega
applied.
Data
normality
assessed,
exploratory
confirmatory
factor
analyses
conducted
structural
equation
modeling
(SEM).
findings
from
results
this
largely
align
with
existing
literature
regarding
capabilities
However,
discrepancy
observed
in
hypotheses
related
counseling,
suggesting
that
although
these
factors
important,
may
depend
other
contextual
elements
or
mediators
not
considered
study.
opens
possibility
for
further
investigation
into
how
interact
development
capabilities.
Язык: Английский
Understanding the Role of Financial Literacy in Enhancing Economic Stability and Resilience in Montenegro: A Data-Driven Approach
Sustainability,
Год журнала:
2024,
Номер
16(24), С. 11065 - 11065
Опубликована: Дек. 17, 2024
Financial
literacy
has
emerged
as
a
crucial
factor
in
promoting
economic
stability
and
resilience,
particularly
Montenegro.
With
the
increasing
complexity
of
financial
products
growing
need
for
individuals
to
make
sound
decisions,
importance
cannot
be
overstated.
This
study
employs
quantitative,
survey-based
approach
explore
association
between
levels
measures
stability,
including
savings
rates,
active
debt
management,
access
products.
Data
were
collected
through
representative,
two-stage
stratified
sample
1000
Montenegrin
adults
aged
18–79,
ensuring
comprehensive
geographic
coverage
across
all
municipalities
balanced
representation
by
gender
age.
stratification
enables
detailed
analysis
trends
population.
Correlation
reveals
that
higher
are
associated
with
better
practices,
such
increased
responsible
credit
use,
thereby
enhancing
resilience
at
household
level.
Moreover,
improved
contributes
sustainability
fostering
long-term
reducing
inequalities,
inclusive
growth.
The
findings
suggest
can
mitigate
impact
shocks,
emphasizing
policies
promote
education
tool
sustainable
development.
literature
on
emerging
economies
offers
actionable
insights
policymakers
Montenegro
similar
contexts,
highlighting
pathway
individual
national
resilience.
Язык: Английский