IMPORTANCE OF FINANCIAL LITERACY IN EVALUATING SAVINGS AND AN APPLICATION Cover Image

TASARRUFLARI DEĞERLENDİRMEDE FİNANSAL OKURYAZARLIĞIN ÖNEMİ ve BİR UYGULAMA
IMPORTANCE OF FINANCIAL LITERACY IN EVALUATING SAVINGS AND AN APPLICATION

Author(s): S. Öznür Sakınç
Subject(s): Education, Business Economy / Management, Evaluation research, Accounting - Business Administration
Published by: Bingöl Üniversitesi Sosyal Bilimler Enstitüsü
Keywords: Financial Literacy; Saving; Investment; Budget; Vocational High School Business Administration Students;

Summary/Abstract: Areas of investment in which individuals can evaluate their savings along with developing technology have become wide. What matters is to be able to decide correctly among ever-increasing variety of investment tools and ensure increase. Potential mistaken investment decisions lead to decrease in individuals’ trust in the market and their savings. The importance of financial literacy, which includes obtaining the information necessary to make the right decisions in these matters and analysing the acquired information correctly, is increasing day by day all over the world. Financial literacy is a process in which individuals’ arranging an appropriate budget in a way to manage their incomes and outcomes efficiently, making effective decisions by taking all the data in investment topics into account and by doing so ensuring the development of individuals’ financial situations. Financial literacy is a significant gain not only for society but also for students.

  • Issue Year: 8/2018
  • Issue No: 16
  • Page Range: 539-556
  • Page Count: 18
  • Language: Turkish