Financial Literacy and Credit Card Behaviors: A Cross-Sectional Analysis by Age

In this study, we use a measure of financial literacy that includes both a test score of actual financial literacy and a self-rating of perceived financial literacy to investigate how financial literacy affects five credit card behaviors: (1) always paying a credit card balance in full; (2) carrying...

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Bibliographic Details
Main Authors: Sam Allgood, William Walstad
Format: Article
Language:English
Published: National Numeracy Network 2013-07-01
Series:Numeracy
Subjects:
Online Access:http://scholarcommons.usf.edu/numeracy/vol6/iss2/art3/