Financial Literacy Explicated: The Case for a Clearer Definition in an Increasingly Complex Economy

By D. Remund. 2010

1,259 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/fe04d87c80070609f977658450ab80f66cdcdadb

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Citations in the corpus

Financial literacy and SME firm performance (2015, background): “Remund (2010) opined that financial literacy is the degree to which one understands important financial concepts and possesses the capacity and confidence to handle personal funds of appropriate, brief period decision-making and solid long-term financial forethought.”
Handbook of Consumer Finance Research (2008, methodology): “…but what often is common to them is a focus on conceptual knowledge and decision-making, as indicated by a comprehensive defi nition from Remund ( 2010 ): 132 Financial literacy is a measure of the degree to which one understands key fi nancial concepts and possesses the ability and…”
The Effects of Perceived and Actual Financial Literacy on Financial Behaviors (2016, neutral): “the research literature (Hung et al. 2009; Huston 2010; Remund 2010).”
Financial Literacy and Credit Card Behaviors: A Cross-Sectional Analysis by Age (2013, background): “A challenge of conducting research on financial literacy is how to define financial literacy because there is no standard definition in the literature (Remund 2010).”
Financial literacy: A systematic review and bibliometric analysis (2020, positive): “In conjunction with the aforementioned review, Remund (2010) also stresses the need for proper conceptualisation and measurement of financial literacy.”
The Relation between Financial Literacy, Financial Wellbeing and Financial Concerns (2013, background): “A person is known as financial literate if he/she is able to manage his/her personal finance in life and changing society in order to which he/she must achieve necessary perception, develop his/her skills in this area and be able to understand the impact of individual's financial decisions on his/he”
Age differences in consumer financial capability (2015, background): “Some researchers examined measuring issues of financial literacy, such as its conceptual definition (Remund, 2010), validation of the measures (Knoll and Houts, 2012), its relevance to product design (West, 2012), and consumer ability to correctly answer financial quiz questions (Schmeiser and…”
The Effects of Financial Education on Short-Term and Long-Term Financial Behaviors (2018, background): “Remund (2010) reviewed the research on different definitions of financial literacy and sorted the work into five categories: knowledge of financial concepts; ability to communicate about financial concepts; aptitude in managing personal finances; skill in financial decisionmaking; and, confidence…”