作者
Cristina S Rodrigues, Filipa Dionísio Vieira, António Manuel Pereira da Silva Amaral, F Vitorino Martins
发表日期
2012
出版商
Academic Conferences and Publishing International
简介
The current financial crisis highlights real problems profoundly related to the level of financial knowledge. Some studies suggest that many individuals, including small business owners, do not have adequate financial skills to be able to handle their finances. The term "financial literacy" summarizes the set of knowledge, skills and attitudes necessary to enable recognition and understanding of the foundations of personal finance. Informed and literate individuals are able to make responsible decisions. Our paper presents the preliminary results obtained with the Portuguese StudentFinance2012 survey. A total of 612 university students from seven different institutions agreed to participate and complete the survey. The sample has an average age of 23.67 years and is gender balanced. Students were classified in three course areas such as engineering, business and management, or design and tourism. Most respondents frequent a degree course, being the university mostly a public institution. A majority of our students has solely funded by their parents or family. By analyzing the total amount of financial products, we obtained an average of 2.57 financial products by student. To analyze financial literacy, our study developed measures such students’ financial involvement, financial knowledge and parents influence and explore it as a function to issues such as age, gender, course area, course type, type of university and parental funding. The results suggest that the financial involvement of students evolves over time (as age increases, the financial involvement also increases) and confirm significant dependence with demographic variables such as …
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