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(DOWNLOAD) "Financial Literacy Explicated: The Case for a Clearer Definition in an Increasingly Complex Economy (Report)" by Journal of Consumer Affairs * Book PDF Kindle ePub Free

Financial Literacy Explicated: The Case for a Clearer Definition in an Increasingly Complex Economy (Report)

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eBook details

  • Title: Financial Literacy Explicated: The Case for a Clearer Definition in an Increasingly Complex Economy (Report)
  • Author : Journal of Consumer Affairs
  • Release Date : January 22, 2010
  • Genre: Marketing & Sales,Books,Business & Personal Finance,
  • Pages : * pages
  • Size : 296 KB

Description

This study explicates the concept of financial literacy, which has blossomed in use this century. Scholars, policy officials, financial experts and consumer advocates have used the phrase loosely to describe the knowledge, skills, confidence and motivation necessary to effectively manage money. As a result, financial literacy has varying conceptual definitions in existing research, as well as diverse operational definitions and values. This study dissects the differing financial literacy definitions and measures, urging researchers toward common ground. A clearer definition should improve future research, in turn helping consumers better understand and adapt to changing life events and an increasingly complex economy. **********


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