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01772nam a2200289Ia 4500 |
| 001 |
10.3390-educsci12070460 |
| 008 |
220718s2022 CNT 000 0 und d |
| 020 |
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|a 22277102 (ISSN)
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| 245 |
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|a Design and Evaluation among Young Adults of a Financial Literacy Scale Focused on Key Financial Decisions
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| 260 |
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|b MDPI
|c 2022
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| 856 |
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|z View Fulltext in Publisher
|u https://doi.org/10.3390/educsci12070460
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|a The present study underpins the design and validation of a Financial Literacy (FL) scale in the Latin American and the Caribbean (LAC) context. Though scales are available, they do not meet contextual characteristics and seem to miss out on a focus on Key Financial Decisions (KFD). Scale design was consistent with an extensive literature review (2010–2021). Forty-four items scale covering the dimensions of Financial Attitude, Financial Behavior, and Financial Knowledge were presented to 478 young adults aged 18–30, and women 58% of them. The results reflect a robust FL scale by applying Confirmatory Factor Analysis (CFA). The data about young adults’ FL can be used as a benchmark in future studies fostering the development of FL in the Latin American and Caribbean contexts. © 2022 by the authors. Li-censee MDPI, Basel, Switzerland.
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|a confirmatory factor analysis
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|a Ecuador
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|a financial attitude
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| 650 |
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|a financial behavior
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| 650 |
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|a financial knowledge
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| 650 |
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|a financial literacy
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| 650 |
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|a OECD
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|a structural model
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|a university
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|a young adults
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| 700 |
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|a Chiluiza, K.
|e author
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|a Everaert, P.
|e author
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|a Prado, S.M.M.
|e author
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|a Valcke, M.
|e author
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| 773 |
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|t Education Sciences
|x 22277102 (ISSN)
|g 12 7
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