Model
Digital Document
Publisher
Florida Atlantic University
Description
Financial literacy is the backbone of the American financial
system. As cash begins to be used less, credit
is playing a larger role in our day to day activities
such as purchasing a home, car, or online shopping.
This change can create trouble for those who do not
have knowledge about their credit and finances. To
understand the financial education of Americans, we
developed an online survey about financial literacy
and collected responses from over 200 people. Our
findings show that there is a statistically significant
difference of financial literacy based on factors such
as income level and age group.
system. As cash begins to be used less, credit
is playing a larger role in our day to day activities
such as purchasing a home, car, or online shopping.
This change can create trouble for those who do not
have knowledge about their credit and finances. To
understand the financial education of Americans, we
developed an online survey about financial literacy
and collected responses from over 200 people. Our
findings show that there is a statistically significant
difference of financial literacy based on factors such
as income level and age group.
Member of