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An analysis of financial literacy levels of young adults in Ireland, aged 18-24

Sonekan, Soliudeen (2021) An analysis of financial literacy levels of young adults in Ireland, aged 18-24. Masters thesis, Dublin, National College of Ireland.

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Abstract

The study is aimed to explore if there are adequate levels of financial literacy among the young students of the age ranges 18 to 24 in Ireland. The study will explore the three components of financial literacy which are financial knowledge, financial attitude, and financial behavior. The demographics of the age and gender are also explored in the study. There is a gap in the literature in an Irish context and more recently in a European context. It can be useful for policy makers and educational institutions to understand if there is an issue with financial literacy and then having data to understand what elements to address through education. The methodology used here is the adaptation of the ideas of scale of PISA (2018), OECD techniques, and scale used by Potrich comprising age-appropriate questions. The sample size for this study was 56. The results from the study showed a large portion of the respondents had high financial literacy but results varied between women and men but a large sample size would be needed for accurate results. 57% of women had high financial literacy. For men, 81.3% had high financial literacy.

Item Type: Thesis (Masters)
Subjects: D History General and Old World > DA Great Britain > Ireland
H Social Sciences > HG Finance > Money
Divisions: School of Business > Master of Science in Entrepreneurship
Depositing User: Clara Chan
Date Deposited: 09 Feb 2022 14:16
Last Modified: 09 Feb 2022 14:16
URI: https://norma.ncirl.ie/id/eprint/5405

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