Financial literacy as knowledge necessary in today's globalized world
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11510%2F20%3A10410650" target="_blank" >RIV/00216208:11510/20:10410650 - isvavai.cz</a>
Alternative codes found
RIV/60460709:41110/20:81075
Result on the web
<a href="https://doi.org/https://doi.org/10.1051/shsconf/20207405007" target="_blank" >https://doi.org/https://doi.org/10.1051/shsconf/20207405007</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1051/shsconf/20207405007" target="_blank" >10.1051/shsconf/20207405007</a>
Alternative languages
Result language
angličtina
Original language name
Financial literacy as knowledge necessary in today's globalized world
Original language description
The current globalized world requires individuals to take responsibility for their decisions. Therefore, it is necessary that the younger generation reach a certain level of knowledge, including knowledge of financial literacy. Financial literacy covers an important area - security in old age. The aim of this paper is to assess the level of financial literacy amongst university students, with a focus on income security in old age. Primary data were obtained by quantitative research using a questionnaire survey (n = 1 437) in 2018 amongst full-time bachelors and masters degree students at three universities. The selected universities focus on economy and agriculture and each of them is located in a different region of the Czech Republic. The results show that 47.8% of respondents worry about their income security in old age. As a way of financing the retirement, most of the respondents chose the option "from the state pension and in another way". Statistical evaluation proved dependence between the gender of respondents and the responses mentioned above. Women more often chose the "from state pension and in another way" option than men. On the other hand, men chose the "in another way" option more often. It follows that men do not want to be dependent on the state, but they want to secure themselves in another way.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
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OECD FORD branch
50201 - Economic Theory
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2020
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Sustainability in the Global-Knowledge Economy
ISBN
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ISSN
2261-2424
e-ISSN
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Number of pages
7
Pages from-to
1-7
Publisher name
E D P SCIENCES, FRANCE
Place of publication
Žilina, Slovensko
Event location
Rajecké Teplice, Slovensko
Event date
Oct 9, 2019
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
000528040800106