Level of Financial Literacy of Academic Youth from Rural Areas in the Visegrad Group Countries

The aim of the study is to determine the level of financial literacy of academic youth from rural areas in the V4 Group countries, as well as to compare the results obtained with the level of financial literacy of young people from cities. The source of data used for analysis and inference were prim...

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Main Author: Monika Szafrańska
Format: Article
Language:English
Published: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu 2019-01-01
Series:Nauki o Finansach
Online Access:https://journals.ue.wroc.pl/fins/article/view/257
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author Monika Szafrańska
author_facet Monika Szafrańska
author_sort Monika Szafrańska
collection DOAJ
description The aim of the study is to determine the level of financial literacy of academic youth from rural areas in the V4 Group countries, as well as to compare the results obtained with the level of financial literacy of young people from cities. The source of data used for analysis and inference were primary information obtained from own research (PAPI method, 900 people). The research used a set of questions to assess the level of financial literacy of adults proposed by the OECD INFE. In addition to primary sources, secondary sources were also used to achieve the goal. The measures of descriptive statistics and one-way analysis of variance (F) were used. The level of financial literacy was determined at the medium level, which may indicate the low effectiveness of financial education measures implemented at different levels of education. The component of financial literacy where students from rural areas had the lowest scores was basic financial knowledge. Only 43% of people from rural areas achieved the minimum target score.(original abstract)
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publisher Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
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series Nauki o Finansach
spelling doaj-art-31a41b38a0024ef88ac2b967a5acf0de2025-08-20T02:32:38ZengWydawnictwo Uniwersytetu Ekonomicznego we WrocławiuNauki o Finansach2449-98112019-01-01243258Level of Financial Literacy of Academic Youth from Rural Areas in the Visegrad Group CountriesMonika Szafrańska0University of Agriculture in Cracow, PolandThe aim of the study is to determine the level of financial literacy of academic youth from rural areas in the V4 Group countries, as well as to compare the results obtained with the level of financial literacy of young people from cities. The source of data used for analysis and inference were primary information obtained from own research (PAPI method, 900 people). The research used a set of questions to assess the level of financial literacy of adults proposed by the OECD INFE. In addition to primary sources, secondary sources were also used to achieve the goal. The measures of descriptive statistics and one-way analysis of variance (F) were used. The level of financial literacy was determined at the medium level, which may indicate the low effectiveness of financial education measures implemented at different levels of education. The component of financial literacy where students from rural areas had the lowest scores was basic financial knowledge. Only 43% of people from rural areas achieved the minimum target score.(original abstract)https://journals.ue.wroc.pl/fins/article/view/257
spellingShingle Monika Szafrańska
Level of Financial Literacy of Academic Youth from Rural Areas in the Visegrad Group Countries
Nauki o Finansach
title Level of Financial Literacy of Academic Youth from Rural Areas in the Visegrad Group Countries
title_full Level of Financial Literacy of Academic Youth from Rural Areas in the Visegrad Group Countries
title_fullStr Level of Financial Literacy of Academic Youth from Rural Areas in the Visegrad Group Countries
title_full_unstemmed Level of Financial Literacy of Academic Youth from Rural Areas in the Visegrad Group Countries
title_short Level of Financial Literacy of Academic Youth from Rural Areas in the Visegrad Group Countries
title_sort level of financial literacy of academic youth from rural areas in the visegrad group countries
url https://journals.ue.wroc.pl/fins/article/view/257
work_keys_str_mv AT monikaszafranska leveloffinancialliteracyofacademicyouthfromruralareasinthevisegradgroupcountries