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Do our children know anything about money? An exploratory study

Do our children know anything about money? An exploratory study South Africans, like many people worldwide, need to save more and spend less. The question arises why people do not save enough for their retirement and other financial needs. In this exploratory study, age, gender and the amount of pocket money that learners receive were evaluated to determine their impact on the level of learners’ financial literacy. The author concluded that of the three variables evaluated, only age has a significant effect on the level of learners’ financial literacy. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Meditari Accountancy Research Emerald Publishing

Do our children know anything about money? An exploratory study

Meditari Accountancy Research , Volume 17 (1): 13 – Apr 1, 2009

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References (14)

Publisher
Emerald Publishing
Copyright
Copyright © 2009 Emerald Group Publishing Limited. All rights reserved.
ISSN
1022-2529
DOI
10.1108/10222529200900001
Publisher site
See Article on Publisher Site

Abstract

South Africans, like many people worldwide, need to save more and spend less. The question arises why people do not save enough for their retirement and other financial needs. In this exploratory study, age, gender and the amount of pocket money that learners receive were evaluated to determine their impact on the level of learners’ financial literacy. The author concluded that of the three variables evaluated, only age has a significant effect on the level of learners’ financial literacy.

Journal

Meditari Accountancy ResearchEmerald Publishing

Published: Apr 1, 2009

Keywords: Education; Financial knowledge; Financial literacy; Financial skills and competence; Financial responsibility; Level of income

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