Financial Literacy: An Essential Tool for Informed Consumer Choice?
Financial Literacy: An Essential Tool for Informed Consumer Choice?
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DOI：
10.2139/ssrn.1336389
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发表时间：
2008-06
期刊：
影响因子：
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通讯作者：
A. Lusardi
中科院分区：
文献类型：
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作者：
A. Lusardi
越来越多的个人负责自己的金融安全，并面临着越来越复杂的金融工具。然而，有证据表明，许多人并没有做好准备，无法做出合理的储蓄决定。本文表明，美国人口中普遍存在金融文盲，特别是在特定的人口群体中。受教育程度低的人、妇女、非洲裔美国人和西班牙裔美国人的识字水平特别低。金融知识影响金融决策。没有为退休做好计划，不参与股票市场，以及不良的借贷行为都可能与对基本金融概念的无知有关。虽然金融教育计划可以改善储蓄行为和金融决策，但可以做很多事情来提高这些计划的有效性。
Increasingly, individuals are in charge of their own financial security and are confronted with ever more complex financial instruments. However, there is evidence that many individuals are not well-equipped to make sound saving decisions. This paper demonstrates widespread financial illiteracy among the U.S. population, particularly among specific demographic groups. Those with low education, women, African-Americans, and Hispanics display particularly low levels of literacy. Financial literacy impacts financial decision-making. Failure to plan for retirement, lack of participation in the stock market, and poor borrowing behavior can all be linked to ignorance of basic financial concepts. While financial education programs can result in improved saving behavior and financial decision-making, much can be done to improve these programs' effectiveness.