This main objective of this study is the measurement of financial literacy in college students from Mexico and Colombia, using an instrument that was designed based on the available literature review and which was applied to a sample of 224 students. It was possible to find slight differences between the two countries, but the results as a whole…

This study tests whether risk tolerance mitigates the effects of credit card mismanagement on users' financial satisfaction. We used data from the Health and Retirement Study and found results showing that credit card mismanagement reduces the financial satisfaction of lower-risk-tolerance users only. The results also suggest that the psychic…

The purpose of this study is to describe the actions taken by college students to face their future retirement. For this, the test designed by the National Commission for the Protection and Defense of Financial Services Users (CONDUSEF) in Mexico was used, which has items related to financial knowledge, specifically topics about savings, emergency…

The federal government spends an estimated $273 million annually on financial literacy1 and education programs and activities across 23 federal agencies and entities. These programs are designed to educate Americans about a wide array of financial literacy and education topics. However, in 2012, the Government Accountability Office (GAO) issued a…

The current research examines the relationship between personal financial knowledge (both objective and subjective), 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…

Today's increasingly complex financial services market offers consumers a vast array of products, services, and providers to choose from to meet their financial needs. While this degree of choice provides consumers with a great number of options, it also requires that they be equipped with the information, knowledge, and skills to evaluate their…

This article describes a calculus project that exposes students to the concept of retirement annuities in both the saving and withdrawal phases, via revenue streams represented by integrals. Students use modeling skills to solve several related problems as the assumptions of the original problem are changed, and the project requires them to use a…

This guide is designed to help people of all ages set up a budget and manage their money. It is organized in three sections: the Principles of Managing Your Finances, Financial Tools Used in Money Management, and Coping with Change. Section 1 consists of three chapters. The first chapter introduces the money management process, discusses goal…

This packet of four brochures focuses on money management for four stages of life, from early adulthood to preretirement. The first brochure, for young adults, discusses early financial tasks, such as selecting a financial institution, and checking and savings accounts, credit establishments, and employee benefits. The second brochure, for young…

This resource guide for teaching personal and family finances was developed to serve a wide spectrum of professional educators, including teachers, administrators, and project directors. Although it was designed for those involved in community outreach programs (see CE 023 729), the content can be useful for adults and students in a variety of…

This text for a junior college or college level course in personal finance contains five units organized around these clearly defined strategies: (1) setting one's financial goals, planning a career, preparing personal financial statements, and setting up a budget; (2) protecting one's income and assets through effective use of insurance; (3)…

Among the 25 refereed papers, 14 refereed poster sessions, 17 invited papers, and 14 panel/workshop sessions are the following: "Forces Driving Change in Food Safety" (Foreman); "Are Two Incomes Needed to Get Ahead Today?" (Walden); "Financial Manager Profile Scale" (Lytton, Grable); "Real World Financial…

This guide is designed to accompany the text, Personal Money Management (CE 023 967), and the companion instructor's guide (CE 023 969). It is intended as an aid to understanding the materials read in the text and to applying the concepts and ideas to the student's own financial circumstances. Each chapter contains these sections: performance…

This instructor's guide is designed to accompany the text "Personal Money Management" and companion study guide (CE 023 968). It is intended to assist instructors in developing their own course outlines and teaching styles to suit the particular needs of their students. An introduction offers (1) an outline of the rationale behind the somewhat…

This document is an annotated bibliography of audio-visual aids in the field of consumer education, intended especially for use among low-income, elderly, and handicapped consumers. It was developed to aid consumer education program planners in finding audio-visual resources to enhance their presentations. Materials listed include 293 resources…