Open AccessFinancial Literacy
Author(s) -
Ahmed Sameer El Khatib
Publication year - 2021
Language(s) - English
Resource type - Journals
ISSN - 2411-2933
DOI - 10.31686/ijier.vol9.iss3.2971
Subject(s) - financial literacy , competence (human resources) , open access journal , cognition , psychology , mathematics education , finance , sociology , economics , political science , social psychology , medline , neuroscience , law , scopus
The present paper explores various approaches to the development of cognitive process dimensions in financial literacy. Applying the regression model, the study has examined the strength of the relationship between the actual financial competence of 413 Brazilian’s students aged 18-21, studying economic disciplines, and their school performance. The research has produced the following conclusions: (a) a weak dependence of actual skills on school performance; (b) inherently associated consequence of school performance is not corresponding to the actual financial skills; (c) a low level of financial competence in the dimensions - Remember, Understand and Apply.