Undrestanding Financial Well-Being in the Czech Republic: The role of Financial Knowledge, Attitudes, Behavior, and Experience
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14110%2F25%3A00143762" target="_blank" >RIV/00216224:14110/25:00143762 - isvavai.cz</a>
Result on the web
<a href="https://newprairiepress.org/jft/vol16/iss2/3/" target="_blank" >https://newprairiepress.org/jft/vol16/iss2/3/</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.4148/1944-9771.1427" target="_blank" >10.4148/1944-9771.1427</a>
Alternative languages
Result language
angličtina
Original language name
Undrestanding Financial Well-Being in the Czech Republic: The role of Financial Knowledge, Attitudes, Behavior, and Experience
Original language description
Financial well-being’s benefits extend beyond the financial domain. This study examined factors of financial well-being and its dimensions—financial satisfaction, financial limitation, indebtedness, and financial anxiety—using the Czech National Representative Sample of the Adult Population. The results showed that socio-demographic variables, such as education, work status, living in an urban or rural area, and income, were related to financial well-being. Financial knowledge was related to dimensions of financial satisfaction and indebtedness. Financial attitudes were associated with higher financial well-being, characterized by lower debt and a sense of less financial limitation and anxiety. Positive financial behavior contributed to financial well-being, higher financial satisfaction, lower indebtedness, and less financial anxiety. More experience with financial products was associated with higher financial well-being and satisfaction, as well as lower financial anxiety and limitations. The results are beneficial to policymakers and financial practitioners aiming to design effective strategies and targeted interventions to improve financial well-being and its dimensions.
Czech name
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Czech description
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Classification
Type
J<sub>SC</sub> - Article in a specialist periodical, which is included in the SCOPUS database
CEP classification
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OECD FORD branch
30307 - Nursing
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2025
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Journal of Financial Therapy
ISSN
1945-7774
e-ISSN
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Volume of the periodical
16
Issue of the periodical within the volume
2
Country of publishing house
US - UNITED STATES
Number of pages
33
Pages from-to
18-50
UT code for WoS article
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EID of the result in the Scopus database
2-s2.0-105020722736