Consumer Financial Well-Being: Knowledge is Not Enough

被引：43
|
作者：
Lee, Jae Min [1 ]
Lee, Jonghee [2 ]
Kim, Kyoung Tae [3 ]
机构：
[1] Minnesota State Univ, Dept Family Consumer Sci, 102 Wiecking Ctr, Mankato, MN 56001 USA
[2] Keimyung Univ, Dept Consumer Informat Studies, 1095 Dalgubeol Daero, Daegu 42601, South Korea
[3] Univ Alabama, Dept Consumer Sci, 312 Adams Hall, Tuscaloosa, AL 35487 USA
来源：
JOURNAL OF FAMILY AND ECONOMIC ISSUES | 2020年 / 41卷 / 02期
关键词：
Financial knowledge; Financial well-being; National financial well-being survey; Propensity to plan; PROPENSITY; CAPABILITY; PLAN;
D O I：
10.1007/s10834-019-09649-9
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This study investigated the relationship between financial knowledge and financial well-being and included the moderating role of propensity to plan. This study used the Consumer Financial Protection Bureau's measure of financial well-being as it explains consumers' subjective sense of it. Results from the 2016 National Financial Well-Being Survey showed that financial knowledge and a propensity to plan were associated positively with financial well-being. This study also confirmed that the propensity to plan plays a moderating role that enhances the positive association between financial knowledge and financial well-being. Results from this study provide insights for financial practitioners, educators, and policymakers who help US households improve their financial well-being.
引用
收藏
页码：218 / 228
页数：11
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