Level of Financial Education in South-Eastern Europe

Financial literacy refers to a person's knowledge and skills in managing personal finances and making wise financial decisions. Adequate financial education is essential for making informed choices and avoiding financial problems. The purpose of this academic article is to examine and analys...

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Main Authors: Alina Elena Ionascu, Alexandra Popa, Roxana Marcela Zaharia
Format: Article
Language:English
Published: Ovidius University Press 2023-08-01
Series:Ovidius University Annals: Economic Sciences Series
Subjects:
Online Access:https://stec.univ-ovidius.ro/html/anale/RO/2023-i1/Section%205/10.pdf
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author Alina Elena Ionascu
Alexandra Popa
Roxana Marcela Zaharia
author_facet Alina Elena Ionascu
Alexandra Popa
Roxana Marcela Zaharia
author_sort Alina Elena Ionascu
collection DOAJ
description Financial literacy refers to a person's knowledge and skills in managing personal finances and making wise financial decisions. Adequate financial education is essential for making informed choices and avoiding financial problems. The purpose of this academic article is to examine and analyse the importance and the impact of financial education in the current economic and social context. The article will explore the factors that influence the level of financial education and the barriers to implementing effective programs. The study aims to analyse the financial knowledge, behaviour and attitudes of people in South East Europe. The research methods provide an overview of the level of financial education in the South-East European regions, based on comparable data and rigorous analysis. The results of the study are the pillar for the developing effective financial education policies and programmes in the regions in order to make better decisions and ensure longterm financial security
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spelling doaj.art-22242d5f9eb04c52b81fe7913af725d62023-08-25T08:32:40ZengOvidius University PressOvidius University Annals: Economic Sciences Series2393-31272023-08-01XXIII1932939Level of Financial Education in South-Eastern Europe Alina Elena Ionascu 0Alexandra Popa 1Roxana Marcela Zaharia2“Ovidius” University of Constanta, Faculty of Economic Sciences, Romania “Ovidius” University of Constanta, Faculty of Economic Sciences, Romania “Ovidius” University of Constanta, Faculty of Economic Sciences, Romania Financial literacy refers to a person's knowledge and skills in managing personal finances and making wise financial decisions. Adequate financial education is essential for making informed choices and avoiding financial problems. The purpose of this academic article is to examine and analyse the importance and the impact of financial education in the current economic and social context. The article will explore the factors that influence the level of financial education and the barriers to implementing effective programs. The study aims to analyse the financial knowledge, behaviour and attitudes of people in South East Europe. The research methods provide an overview of the level of financial education in the South-East European regions, based on comparable data and rigorous analysis. The results of the study are the pillar for the developing effective financial education policies and programmes in the regions in order to make better decisions and ensure longterm financial securityhttps://stec.univ-ovidius.ro/html/anale/RO/2023-i1/Section%205/10.pdffinancial literacyfinancial instrumentshousehold saving
spellingShingle Alina Elena Ionascu
Alexandra Popa
Roxana Marcela Zaharia
Level of Financial Education in South-Eastern Europe
Ovidius University Annals: Economic Sciences Series
financial literacy
financial instruments
household saving
title Level of Financial Education in South-Eastern Europe
title_full Level of Financial Education in South-Eastern Europe
title_fullStr Level of Financial Education in South-Eastern Europe
title_full_unstemmed Level of Financial Education in South-Eastern Europe
title_short Level of Financial Education in South-Eastern Europe
title_sort level of financial education in south eastern europe
topic financial literacy
financial instruments
household saving
url https://stec.univ-ovidius.ro/html/anale/RO/2023-i1/Section%205/10.pdf
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