How Financial Literacy Impacts Financial Well-Being: The Influence of Financial and Technical Efficacy
The fundamental human resource that influences financial well-being is financial literacy. People are more likely to save and invest if they understand the time value of money, credit, insurance, and investments. Having a sound financial understanding lessens stress and increases financial well-bei...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
EconJournals
2024-03-01
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Series: | International Journal of Economics and Financial Issues |
Subjects: | |
Online Access: | http://econjournals.com/index.php/ijefi/article/view/15806 |