How to Improve Financial Literacy: Some Successful Strategies

Loading...
Thumbnail Image
Penn collection
Wharton Pension Research Council Working Papers
Degree type
Discipline
Subject
Economics
Funder
Grant number
License
Copyright date
Distributor
Author
Crossan, Diana
Contributor
Abstract

In New Zealand, the connection between financial literacy and security in retirement is well accepted, based on the understanding that people need to have the confidence and ability to make informed and lasting decisions about their personal finances throughout their lives. This chapter presents five strategies that are having some success in lifting New Zealanders’ financial literacy and the common elements that connect them. The chapter finishes with a discussion of the importance of monitoring and evaluation while noting the inherent difficulties in proving a causal link from financial education to greater financial literacy to improved financial well-being.

Advisor
Date Range for Data Collection (Start Date)
Date Range for Data Collection (End Date)
Digital Object Identifier
Series name and number
Publication date
2010-10-01
Volume number
Issue number
Publisher
Publisher DOI
Journal Issue
Comments
The published version of this Working Paper may be found in the 2011 publication: Financial Literacy: Implications for Retirement Security and the Financial Marketplace http://pensionresearchcouncil.wharton.upenn.edu/publications/books/financial-literacy-implications-for-retirement-security-and-the-financial-marketplace/).
Recommended citation
Collection