Financial Literacy of University Students and Comparison with Chosen Countries in the Context of Increasing the Skills of Pupils



Year of publication 2017
Type Article in Proceedings
Conference 9th International Conference on Education and New Learning Technologies
MU Faculty or unit

Faculty of Education

Field Pedagogy and education
Keywords Financial literacy; competence of pupils; education proces
Description In the real world, where the pursuing of success and the money is the most valuable goal not only by corporations but almost all individuals, the understanding of financial context is very important. This topic is the cornerstone of financial literacy as a one of the individual skills. The article is aimed at the comparison of the situation among the general population in the financial literacy according to official statistical data. The focus in this part of the analysis is to identify if there is any connection between the financial literacy of the general population of the chosen counties and the economic level of those countries. As the next part of the analysis there are presented data of our own questionnaire survey among the students of faculty of education and the comparison of the results with the national level of financial literacy. Both parts of the article thus mutually corresponds and moreover their results are used to formulate the conclusion for the increasing the skills of pupils. The pupils are the most suitable focus group for application of any enhancing educational projects in the topic of financial literacy because this topic should be one of the basic knowledge for real life. Education process of financial literacy should start as soon as possible as the preparatory process and not only as the process of elimination of consequences.

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