Kenny Skagerlund|Thérèse Lind|Camilla Strömbäck|Gustav Tinghög|Daniel Västfjäll
Financial literacy and the role of numeracy–How individuals’ attitude and affinity with numbers influence financial literacy
Linköping University|Linköping University|Linköping University|Linköping University|Decision Research|Linköping University
financially literate important life skill equally important ones sake well society findings indicate individuals financially illiterate interventions increase level financial literacy ineffective effect financial literacy financial behavior reported correlation studies may driven unknown third variable individual cognitive ability current study investigated role cognitive emotional factors attaining financial literacy representative sample general population regression models indicate central component financial literacy traced numeracy emotional attitude towards numbers ie mathematics anxiety thus driving force behind becoming financially literate resides ability understand numbers emotional attitude towards numbers interfere individuals daily engagement activities involving mathematics financial decisions