Association between Financial Education, Affective and Cognitive Financial Knowledge, and Financial Behavior

被引:5
|
作者
Delgadillo, Lucy M. [1 ]
Lee, Yoon G. [2 ]
机构
[1] Utah State Univ, Sch Appl Sci Technol & Educ, Logan, UT 84322 USA
[2] Utah State Univ, Dept Human Dev & Family Studies, Logan, UT 84322 USA
来源
关键词
affective financial knowledge; cognitive financial knowledge; financial behavior; financial education; LITERACY;
D O I
10.1111/fcsr.12414
中图分类号
D669 [社会生活与社会问题]; C913 [社会生活与社会问题];
学科分类号
1204 ;
摘要
Using data from the 2018 National Financial Capability Study, this articled examined the relationship between financial education participation and affective and cognitive financial knowledge. Involvement in financial education yielded statistically significant associations between affective and cognitive domains. The results showed that participation in financial education was associated with both cognitive and affective financial knowledge as well as long-term financial behavior. The results supported the case for lifelong learning of financial education for young adults, minorities, and women. An important implication was the need to include both the affective and cognitive domains when teaching or researching financial education.
引用
收藏
页码:59 / 75
页数:17
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