Business, Management and Accounting
3 years ago

Financial literacy programs improve household financial decisions and outcomes.

1 view
Oxford University Press eBooks
Financial Counseling, Financial Literacy, and Household Decision-Making
Sumit Agarwal, Gene Amromin, Itzhak Ben‐David, Souphala Chomsisengphet, Douglas D. Evanoff

Paper Summary

The article discusses how financial education programs can help improve people's financial decisions and outcomes. The researchers looked at existing studies to see if these programs actually work. They found that some education programs do lead to better financial results, but it's hard to tell exactly why.

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