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Publikationstyp: Beitrag in wissenschaftlicher Zeitschrift
Art der Begutachtung: Editorial review
Titel: Financial literacy among the youth in Switzerland
Autor/-in: Kendzia, Michael Jan
Borrero, Yoan Suozzi
et. al: No
DOI: 10.4236/jfrm.2022.112017
10.21256/zhaw-25788
Erschienen in: Journal of Financial Risk Management
Band(Heft): 11
Heft: 2
Seite(n): 323
Seiten bis: 341
Erscheinungsdatum: 2022
Verlag / Hrsg. Institution: Scientific Research Publishing
ISSN: 2167-9533
2167-9541
Sprache: Englisch
Fachgebiet (DDC): 332: Finanzwirtschaft
Zusammenfassung: While many resources are available for people to increase their financial knowledge in Switzerland, recent studies indicate that the level of financial literacy is relatively low across nations. To gather the data, a quantitative online survey was conducted among young people in Switzerland. Overall, important demographic differences in financial literacy levels were found for the gender and education variables. Firstly, young men show a higher financial literacy score than women and invest more than women. In addition, individuals with a university degree scored better at the financial literacy questions than those without and were more likely to invest. However, no conclusion could be made about the relationship between income and financial literacy. The main reason why people did not invest constitutes a lack of knowledge. Unsurprisingly, individuals with lower financial literacy tend to make more financial mistakes, save less for retirement, and accumulate less wealth in their lives.
URI: https://digitalcollection.zhaw.ch/handle/11475/25788
Volltext Version: Publizierte Version
Lizenz (gemäss Verlagsvertrag): CC BY 4.0: Namensnennung 4.0 International
Departement: School of Management and Law
Enthalten in den Sammlungen:Publikationen School of Management and Law

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Kendzia, M. J., & Borrero, Y. S. (2022). Financial literacy among the youth in Switzerland. Journal of Financial Risk Management, 11(2), 323–341. https://doi.org/10.4236/jfrm.2022.112017
Kendzia, M.J. and Borrero, Y.S. (2022) ‘Financial literacy among the youth in Switzerland’, Journal of Financial Risk Management, 11(2), pp. 323–341. Available at: https://doi.org/10.4236/jfrm.2022.112017.
M. J. Kendzia and Y. S. Borrero, “Financial literacy among the youth in Switzerland,” Journal of Financial Risk Management, vol. 11, no. 2, pp. 323–341, 2022, doi: 10.4236/jfrm.2022.112017.
KENDZIA, Michael Jan und Yoan Suozzi BORRERO, 2022. Financial literacy among the youth in Switzerland. Journal of Financial Risk Management. 2022. Bd. 11, Nr. 2, S. 323–341. DOI 10.4236/jfrm.2022.112017
Kendzia, Michael Jan, and Yoan Suozzi Borrero. 2022. “Financial Literacy among the Youth in Switzerland.” Journal of Financial Risk Management 11 (2): 323–41. https://doi.org/10.4236/jfrm.2022.112017.
Kendzia, Michael Jan, and Yoan Suozzi Borrero. “Financial Literacy among the Youth in Switzerland.” Journal of Financial Risk Management, vol. 11, no. 2, 2022, pp. 323–41, https://doi.org/10.4236/jfrm.2022.112017.


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