FINANCIAL LITERACY AS A PATH TO SUSTAINABILITY
The paper aims to highlight the important role of financial literacy as one of the factors that ensures sustainable development in society. First, the paper deals with the definition of financial literacy and the importance of financial literacy for society. It analyses various symptoms associated w...
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| Format: | Article |
| Language: | ces |
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Vydavatelství ZČU v Plzni
2015-07-01
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| Series: | Trendy v podnikání |
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| Online Access: | http://www.fek.zcu.cz/tvp/doc/akt/2-2015-clanek-1.pdf |
| _version_ | 1797714782430691328 |
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| author | Michaela Krechovská |
| author_facet | Michaela Krechovská |
| author_sort | Michaela Krechovská |
| collection | DOAJ |
| description | The paper aims to highlight the important role of financial literacy as one of the factors that ensures sustainable development in society. First, the paper deals with the definition of financial literacy and the importance of financial literacy for society. It analyses various symptoms associated with the level of financial literacy in the form of household debt and the number of ordered property repossessions. Furthermore, the paper focuses on the measurement of financial literacy and, in this context, presents selected results of the survey of financial literacy from a selected group of respondents (university students) in the Czech Republic that were acquired as part of the "V4 Scientific Centers for the Enhancement of Financial Literacy and Entrepreneurship Education" project focused on research in the field of entrepreneurship education and financial literacy in Visegrad Group countries. Financial literacy is seen as one of the most important characteristics that can determine the behaviour of individuals in the world of finance, their approaches to payment discipline, debt and thinking for the future. In this regard, it is important to put emphasis on financial education as a tool for heightening and developing practical financial literacy. |
| first_indexed | 2024-03-12T07:56:46Z |
| format | Article |
| id | doaj.art-4f03834bb5e44740bb435273a26aadfa |
| institution | Directory Open Access Journal |
| issn | 1805-0603 |
| language | ces |
| last_indexed | 2024-03-12T07:56:46Z |
| publishDate | 2015-07-01 |
| publisher | Vydavatelství ZČU v Plzni |
| record_format | Article |
| series | Trendy v podnikání |
| spelling | doaj.art-4f03834bb5e44740bb435273a26aadfa2023-09-02T20:07:53ZcesVydavatelství ZČU v PlzniTrendy v podnikání1805-06032015-07-0152312FINANCIAL LITERACY AS A PATH TO SUSTAINABILITYMichaela KrechovskáThe paper aims to highlight the important role of financial literacy as one of the factors that ensures sustainable development in society. First, the paper deals with the definition of financial literacy and the importance of financial literacy for society. It analyses various symptoms associated with the level of financial literacy in the form of household debt and the number of ordered property repossessions. Furthermore, the paper focuses on the measurement of financial literacy and, in this context, presents selected results of the survey of financial literacy from a selected group of respondents (university students) in the Czech Republic that were acquired as part of the "V4 Scientific Centers for the Enhancement of Financial Literacy and Entrepreneurship Education" project focused on research in the field of entrepreneurship education and financial literacy in Visegrad Group countries. Financial literacy is seen as one of the most important characteristics that can determine the behaviour of individuals in the world of finance, their approaches to payment discipline, debt and thinking for the future. In this regard, it is important to put emphasis on financial education as a tool for heightening and developing practical financial literacy.http://www.fek.zcu.cz/tvp/doc/akt/2-2015-clanek-1.pdffinancial literacyfinancial literacy measurementsustainabilityfinancial education |
| spellingShingle | Michaela Krechovská FINANCIAL LITERACY AS A PATH TO SUSTAINABILITY Trendy v podnikání financial literacy financial literacy measurement sustainability financial education |
| title | FINANCIAL LITERACY AS A PATH TO SUSTAINABILITY |
| title_full | FINANCIAL LITERACY AS A PATH TO SUSTAINABILITY |
| title_fullStr | FINANCIAL LITERACY AS A PATH TO SUSTAINABILITY |
| title_full_unstemmed | FINANCIAL LITERACY AS A PATH TO SUSTAINABILITY |
| title_short | FINANCIAL LITERACY AS A PATH TO SUSTAINABILITY |
| title_sort | financial literacy as a path to sustainability |
| topic | financial literacy financial literacy measurement sustainability financial education |
| url | http://www.fek.zcu.cz/tvp/doc/akt/2-2015-clanek-1.pdf |
| work_keys_str_mv | AT michaelakrechovska financialliteracyasapathtosustainability |