Financial Literacy and Financial Behavior among Young Adults: Evidence and Implications

This paper uses data from the 2009 National Financial Capability Study to examine financial literacy and financial behavior in a sample of approximately 4,500 young adults age 25 to 34. The paper finds that most young adults lack basic financial knowledge. Financial literacy is especially low among...

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Bibliographic Details
Main Author: Carlo de Bassa Scheresberg
Format: Article
Language:English
Published: National Numeracy Network 2013-07-01
Series:Numeracy
Subjects:
Online Access:http://scholarcommons.usf.edu/numeracy/vol6/iss2/art5/