Financial Knowledge and Best Practice Behavior - ERIC
Financial Knowledge and best Practice Behavior Cliff A. Robb and Ann S. Woodyard The current research examines the relationship between personal Financial Knowledge (both objective and sub- jective), Financial satisfaction, and selected demographic variables in terms of best Practice Financial Behavior . Data are taken from the Financial Industry Regulatory Authority's (FINRA) National Financial Capability Study, a nationally representative sample of 1,488 participants and are analyzed using multiple regression analysis. Findings suggest that both objective and subjective Financial Knowledge influence Financial Behavior , with sub- jective Knowledge having a larger relative impact.
Financial Knowledge and Best Practice Behavior Cliff A. Robb and Ann S. Woodyard The current research examines the relationship between personal financial knowledge (both objective and sub-jective), financial satisfaction, and selected demographic variables in terms of best practice financial behavior.
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