In literary research is to pursue attention laws related with consumption credit. The chapter personal and family finance deals with correct control finance. The final chapter in literary research describes consumption bankruptcy in detail. The aim of the diploma thesis is to evaluated consumption credit terms for the clients and possibilities of the clients as they could act in a case of problems with their defaults. Three banks and three nonbank institutions were choosen for the consumption credit terms evaluation. Next, the questionnaire was compiled for practical part of diploma thesis. After evaluation of questionnaire are presented statistics from varied sources. Next, the possibilities of the clients as they could act in a case of problems with their defaults. The diploma thesis is supplemented by solving dispute between debtor and credit provider. The last chapter diploma thesis deals with differences between offer consumption credit ČSOB from the Czech Republic and ČSOB from the Slovakia.

This master's thesis maps the current state of Czech primary schools in the times when the standards defined in the document "Systém budování finanční gramotnosti na základních a středních školách" were implemented into RVP and subsequently into ŠVP as well. The theoretical part describes the issue of financial literacy and progress of the aforementioned implementation into RVP. The next chapter is focused on the first large survey of financial literacy PISA 2012 which was under the auspices of OECD (Organisation for Economic Co-operation and Development). The last chapter of the theoretical part deals with analysis of learning materials which are available to help improve financial literacy. I used method of didactic test in my research and its methodology and analysis are described in another part of this thesis.

A Alfabetização Financeira compreende um conjunto de conhecimentos sobre finanças pessoais que pode conduzir um indivíduo a melhores decisões financeiras. O indivíduo é dito alfabetizado financeiramente se é capaz de demonstrar seu conhecimento por meio de ações. Os processos educacionais são a forma de tornar os indivíduos alfabetizados financeiramente, para que atinjam equilíbrio em suas vidas financeiras. Embora assuma-se que a alfabetização possa ser obtida por meio de experiências práticas (e da ativa integração do conhecimento), ela é difícil de ser medida. Isto ocorre porque é difícil apurar quais conhecimentos são necessários possuir, como oferecer estes conhecimentos, como testar se de fato foram compreendidos, e como avaliar se tais conhecimentos serão aplicados corretamente, em cenários onde existe permanente incerteza, nos quais deve ser considerado satisfatório atingir equilíbrio financeiro. Neste contexto, entende-se que a Educação Financeira é um tema complexo a ser desenvolvido pedagogicamente, pois ele envolve questões culturais e comportamentais que ultrapassam as paredes de uma sala de aula. Destacam-se como pontos importantes a complexidade da ação humana, os aspectos emocionais e os vieses comportamentais. Todos estes elementos são relevantes no processo de tomada de decisão, porém, são comumente negligenciados quando o tema Educação Financeira é tratado. Diversos trabalhos apontam a relevância dos projetos de Educação Financeira. Grande parte deles, contudo, indicam que os resultados práticos não são plenamente satisfatórios. Partindo-se desta problemática, este trabalho busca compreender os motivos das dificuldades para o alcance de melhores resultados, além de propor e avaliar abordagens aplicáveis ao ensino deste tema. A investigação se concentrou primeiramente em elencar os fundamentos que norteiam o processo de aprendizagem, analisando fatores relevantes para seu alcance, com o auxílio de recursos tecnológicos. O trabalho inclui a avaliação de projetos de Educação Financeira e os resultados apontados. Por meio deste estudo foi possível identificar e dividir a formação do conhecimento e comportamento financeiros em cinco pilares: técnica matemática, comportamento intrapessoal, reação interpessoal, produtos e conceitos financeiros, compreensão e lógica econômica. Esses pilares englobam os conceitos fundamentais para uma arquitetura educacional a ser elaborada, e atuam como um dos princípios para a concepção de uma plataforma educacional, junto a outros três princípios norteadores: a consideração sobre a ação humana, a tolerância ao erro e o uso de recursos de tecnologia em projetos educacionais. Partindo-se de tais pressupostos, elaborou-se a Plataforma EduCoelho, que integra, em especial, um jogo para estimular a reflexão comportamental acerca de um sonho de consumo: a compra de um automóvel. Além do jogo, desenvolveu-se um conjunto de videoaulas para abordar, de forma explícita e sistemática, conteúdos importantes para que a aprendizagem tenha sucesso. Por meio de pré e pós-testes, avaliação de desempenho e do uso da plataforma pelos usuários do jogo, procurou-se coletar dados sobre concepções prévias, percepções dos participantes sobre questões comportamentais e evidências de aprendizagens. Por fim, este trabalho apresenta a análise realizada, avaliando o processo de desenvolvimento e aplicação da plataforma proposta, a fim de procurar evidências de que a Educação Financeira pode oferecer subsídios e elementos que auxiliem de maneira significativa, podendo repercutir positivamente na vida adulta dos estudantes. / Submitted by Ana Guimarães Pereira (agpereir@ucs.br) on 2017-09-21T16:30:56Z No. of bitstreams: 1 Dissertacao Eduardo Wartchow.pdf: 2729225 bytes, checksum: ce5885f894daccde1ae2131ff6c18a3b (MD5) / Made available in DSpace on 2017-09-21T16:30:56Z (GMT). No. of bitstreams: 1 Dissertacao Eduardo Wartchow.pdf: 2729225 bytes, checksum: ce5885f894daccde1ae2131ff6c18a3b (MD5) Previous issue date: 2017-09-21 / Financial Literacy comprises a body of knowledge about personal finances that can lead to better financial decisions in an individual´s life. An individual is considered financially literate if one is able to demonstrate knowledge through one´s actions. Individuals become financially literate through educational processes that seek to provide these individuals with the information necessary to achieve stability in their financial lives. Although it is assumed that literacy can be gained through practical experiences (and an active knowledge building), it is very difficult to measure. This is the case because it is hard to assess what skills are necessary to hold, how to offer the knowledge, how to test if the skill was learned, and the evaluation on whether or not these skills will be properly applied in scenarios of continuous uncertainty, in which it should be considered satisfactory to achieve financial equilibrium. In this context, it may be considered that Financial Education is a complex subject to be developed pedagogically, as it involves cultural and behavioral aspects that go beyond the walls of a classroom. The complexity of human action, emotional aspects and behavioral biases are highlighted as important points. All these elements are relevant in the decision-making process, however, they are commonly neglected when the subject Financial Education is treated. Several works point out the relevance of Financial Education projects. Most of them, however, indicate that the practical results are not satisfactory at all. Based on this problem, this work seeks to understand the reasons behind the difficulties in achieving better individual results, as well as to propose and evaluate approaches applicable for teaching when dealing with this subject. This research first focused on describing the fundamentals that guide the learning process while analyzing factors relevant for its attainment with the use of new technology tools. The subject of analysis were Financial Education projects and its demonstrated results. This study states that it is possible to identify and divide knowledge building and financial behavior in five pillars: mathematical technique, intrapersonal behavior, interpersonal reaction, financial products and concepts, overall understanding and economic logic. These pillars act as one of the principles for designing an educational platform alongside three other guiding principles: to consider the human action, the tolerance for error, and the use of technology resources in educational projects. Based on these assumptions, the EduCoelho Platform consists of a game to stimulate the behavioral reflection about a dream of consumption: the purchase of a car. In addition to the game, a set of video lectures was developed to explicitly and systematically address important points in order for the user to achieve a successful learning. Moreover, the game enables the collection of statistics before and after its usage that allows the evaluation of performance while observing participants' perceptions about behavorial issues and learning evidences. In closing, an analysis evaluating the development of the platform is made in order to provide evidence that Financial Education can be helpful in a meaningful way for student’s future life.

Research in retirement planning has found that people are delaying investing in a retirement plan and are missing out on thousands of potential savings from not investing since 401(k)’s are protected against income taxes. This delay of investment could be occurring as a result of choice overload. The current study examined choice overload in the financial context of 401(k) retirement plans in order to find an efficient solution. Social influences and peer effects have been shown to increase retirement plan participation rates. Participants (n=119) were randomly assigned to a control condition or one of two social preferences conditions, one of which had a heavily skewed social preference while the other had relatively equal preferences. Participants were instructed to build a 401(k) and then were asked questions regarding their financial literacy and overload and satisfaction with their decisions. There was no significant effect of social preferences on overload or satisfaction. However, financial literacy was found to be a negative predictor of satisfaction.

Background: Unawareness of most students about how to save and increase their money and changes in global economic conditions create new opportunities and challenges in international business and investment field. Lack of interest from investment companies, banks, funds, estate sellers and rialtos to this interesting and growing group of people, where even bringing up future clients in this young adults can play a big role in future success of the company. Behavior of students and young people is poorly researched, though they often dispose large sums of their own and their parent’s money. Purpose: understand specifics of Russian and Swedish customers, clarify whether they are planning their finance or not, how are they included into rational income allocation process. Find out how illiteracy in financial sphere between exploring group of people affects the behavior of Swedish and Russian citizens towards planning and what are the main differences between this groups. Method: Content analysis Results and contribution: This thesis extends the higher educational literature in the field of personal finance planning by making a contribution to enrichment of knowledge and identification of the main trends in the behavior of young people. The differences between Russians and Swedes will help state governments to make their society more educated and rationale in choosing ways to invest and disburse money and companies from investing field to attract more clients and gain revenue. The new openings can provide a framework for further research.

A Alfabetização Financeira compreende um conjunto de conhecimentos sobre finanças pessoais que pode conduzir um indivíduo a melhores decisões financeiras. O indivíduo é dito alfabetizado financeiramente se é capaz de demonstrar seu conhecimento por meio de ações. Os processos educacionais são a forma de tornar os indivíduos alfabetizados financeiramente, para que atinjam equilíbrio em suas vidas financeiras. Embora assuma-se que a alfabetização possa ser obtida por meio de experiências práticas (e da ativa integração do conhecimento), ela é difícil de ser medida. Isto ocorre porque é difícil apurar quais conhecimentos são necessários possuir, como oferecer estes conhecimentos, como testar se de fato foram compreendidos, e como avaliar se tais conhecimentos serão aplicados corretamente, em cenários onde existe permanente incerteza, nos quais deve ser considerado satisfatório atingir equilíbrio financeiro. Neste contexto, entende-se que a Educação Financeira é um tema complexo a ser desenvolvido pedagogicamente, pois ele envolve questões culturais e comportamentais que ultrapassam as paredes de uma sala de aula. Destacam-se como pontos importantes a complexidade da ação humana, os aspectos emocionais e os vieses comportamentais. Todos estes elementos são relevantes no processo de tomada de decisão, porém, são comumente negligenciados quando o tema Educação Financeira é tratado. Diversos trabalhos apontam a relevância dos projetos de Educação Financeira. Grande parte deles, contudo, indicam que os resultados práticos não são plenamente satisfatórios. Partindo-se desta problemática, este trabalho busca compreender os motivos das dificuldades para o alcance de melhores resultados, além de propor e avaliar abordagens aplicáveis ao ensino deste tema. A investigação se concentrou primeiramente em elencar os fundamentos que norteiam o processo de aprendizagem, analisando fatores relevantes para seu alcance, com o auxílio de recursos tecnológicos. O trabalho inclui a avaliação de projetos de Educação Financeira e os resultados apontados. Por meio deste estudo foi possível identificar e dividir a formação do conhecimento e comportamento financeiros em cinco pilares: técnica matemática, comportamento intrapessoal, reação interpessoal, produtos e conceitos financeiros, compreensão e lógica econômica. Esses pilares englobam os conceitos fundamentais para uma arquitetura educacional a ser elaborada, e atuam como um dos princípios para a concepção de uma plataforma educacional, junto a outros três princípios norteadores: a consideração sobre a ação humana, a tolerância ao erro e o uso de recursos de tecnologia em projetos educacionais. Partindo-se de tais pressupostos, elaborou-se a Plataforma EduCoelho, que integra, em especial, um jogo para estimular a reflexão comportamental acerca de um sonho de consumo: a compra de um automóvel. Além do jogo, desenvolveu-se um conjunto de videoaulas para abordar, de forma explícita e sistemática, conteúdos importantes para que a aprendizagem tenha sucesso. Por meio de pré e pós-testes, avaliação de desempenho e do uso da plataforma pelos usuários do jogo, procurou-se coletar dados sobre concepções prévias, percepções dos participantes sobre questões comportamentais e evidências de aprendizagens. Por fim, este trabalho apresenta a análise realizada, avaliando o processo de desenvolvimento e aplicação da plataforma proposta, a fim de procurar evidências de que a Educação Financeira pode oferecer subsídios e elementos que auxiliem de maneira significativa, podendo repercutir positivamente na vida adulta dos estudantes. / Financial Literacy comprises a body of knowledge about personal finances that can lead to better financial decisions in an individual´s life. An individual is considered financially literate if one is able to demonstrate knowledge through one´s actions. Individuals become financially literate through educational processes that seek to provide these individuals with the information necessary to achieve stability in their financial lives. Although it is assumed that literacy can be gained through practical experiences (and an active knowledge building), it is very difficult to measure. This is the case because it is hard to assess what skills are necessary to hold, how to offer the knowledge, how to test if the skill was learned, and the evaluation on whether or not these skills will be properly applied in scenarios of continuous uncertainty, in which it should be considered satisfactory to achieve financial equilibrium. In this context, it may be considered that Financial Education is a complex subject to be developed pedagogically, as it involves cultural and behavioral aspects that go beyond the walls of a classroom. The complexity of human action, emotional aspects and behavioral biases are highlighted as important points. All these elements are relevant in the decision-making process, however, they are commonly neglected when the subject Financial Education is treated. Several works point out the relevance of Financial Education projects. Most of them, however, indicate that the practical results are not satisfactory at all. Based on this problem, this work seeks to understand the reasons behind the difficulties in achieving better individual results, as well as to propose and evaluate approaches applicable for teaching when dealing with this subject. This research first focused on describing the fundamentals that guide the learning process while analyzing factors relevant for its attainment with the use of new technology tools. The subject of analysis were Financial Education projects and its demonstrated results. This study states that it is possible to identify and divide knowledge building and financial behavior in five pillars: mathematical technique, intrapersonal behavior, interpersonal reaction, financial products and concepts, overall understanding and economic logic. These pillars act as one of the principles for designing an educational platform alongside three other guiding principles: to consider the human action, the tolerance for error, and the use of technology resources in educational projects. Based on these assumptions, the EduCoelho Platform consists of a game to stimulate the behavioral reflection about a dream of consumption: the purchase of a car. In addition to the game, a set of video lectures was developed to explicitly and systematically address important points in order for the user to achieve a successful learning. Moreover, the game enables the collection of statistics before and after its usage that allows the evaluation of performance while observing participants' perceptions about behavorial issues and learning evidences. In closing, an analysis evaluating the development of the platform is made in order to provide evidence that Financial Education can be helpful in a meaningful way for student’s future life.

This research studies the moderating effect of country-specific social connectedness on the relation between financial literacy and stock market participation. This is done by using the extensive and multi-country SHARE data. The positive relation between financial literacy and stock market participation is reconfirmed. Moreover, the findings show that country-specific social connectedness significantly moderates the relation between financial literacy and stock market participation. The findings are robust and indicate that the predictive power of financial literacy on stock market participation decreases if country-specific social connectedness increases. This research is following up on contemporary literature and contributes to the explanation of the stock market participation puzzle on a macroeconomic scale.

The aim of my dissertation Autism and a financial literacy is comparing the differences between the education of autistic pupils at special elementary schools or at elementary school in inclusion….. Next monitoring the summary of financial literacy of autistics. The thesis is divided into two parts. The theoretical part contains the information about autism, the list of autistic disorders, methods and possibilities of training of autistic pupils and describes possible causes of its formation. In the practical part I describe the differences between the education of autistic pupils at special elementary school and in inclusion at elementary school ….The research is concerned with the summary and the comparison of financial literacy knowledge of an autistic pupil at primary school with his healthy schoolmates.

På senaste tid har det individuella kravet på ekonomiska frågor ökat allt mer och mer i takt med den teknologiska framfarten. I samband med detta är det väldigt viktigt med finansiell kunskap, även kallat financial literacy, för att kunna utföra dessa vardagliga situationer. Vad är det då som förbättrar en individs financial literacy? Vissa studier hävdar att det är det finansiella beteende som är grunden till en god financial literacy, medan andra påstår att det har med räknekunskap att göra. Andra faktorer, såsom utbildning, kön och ålder konstateras spela en stor roll om man frågar andra aktörer. Vilken av dessa faktorer är då den viktigaste för att man ska ha en god financial literacy och kunna tackla dessa situationer som uppkommer i vardagen? För att kunna genomföra detta arbete gjordes en kvantitativ undersökning i form av en enkätundersökning där svar hämtades från 257 respondenter (18+). Materialet från enkätsundersökningen analyserades och jämfördes med tidigare forskning. I denna studie så kom vi fram till att den viktigaste faktorn för en god financial literacy är ekonomisk utbildning som sedan följs av räknekunskap och finansiellt beteende, som kan jämföras med den kognitiva förmågan hos individer som beskrivs av rational choice theory. Både kön och ålder visar skillnader i det finansiella beteendet men visar inget direkt samband till financial literacy.

Questa tesi si propone di analizzare il tema dell’alfabetizzazione finanziaria secondo tre differenti prospettive servendosi di dati raccolti da un’indagine appositamente creata e somministrata in Italia tra Settembre 2014 e Febbraio 2015. Il primo capitolo guarda alle determinanti dell’alfabetizzazione finanziaria, concentrandosi sul ruolo dei consulenti finanziari, il secondo assume una prospettiva più psicologica sul tema e il terzo guarda alla mancanza di alfabetizzazione finanziaria quale possibile causa di distorsioni comportamentali finanziarie. Gli interventi tradizionalmente volti al miglioramento della consapevolezza finanziaria sono risultati estremamente costosi e con periodi di decadimento particolarmente brevi in tutto il mondo; l’evidenza empirica presentata in questa tesi suggerisce che una forma di educazione finanziaria più graduale e costante, come quella esercitata dai consulenti finanziari indipendenti, sarebbe più efficace. La conoscenza dei canali relazionali che potenziano il ruolo educativo dei consulenti finanziari, potrebbe aiutare a orientare e meglio calibrare futuri interventi educativi, tenendo a mente, tuttavia, che la competenza teorica non garantisce necessariamente comportamenti finanziariamente corretti. In accordo ai risultati ottenuti, infatti, l’alfabetizzazione finanziaria diminuisce la presenza di distorsioni finanziarie cognitive, ma non ha un effetto significativo sulle quelle emozionali. / This thesis aims at investigating the financial literacy through three different perspectives by analysing the data gathered from an ad-hoc survey carried out in Italy between September 2014 and February 2015. The first chapter looks at the determinants of financial literacy, focusing on the role of financial advisors, the second one takes a psychological perspective on the issue and the last chapter looks at poor financial literacy as a possible antecedent for financial behavioural biases. Traditional educational interventions aimed at improving financial awareness proved to be extremely costly and to have a worryingly short decay period worldwide; the empirical findings presented in this thesis suggest that a more gradual and constant form of financial education, such as the one exerted by independent financial advisors, would be more effective. Being aware of the relational channels that enhance the independent financial advisors’ educational role, may help to orient and better target future educational treatments, bearing in mind, though, that the theoretical financial proficiency does not ensure unbiased downstream behaviours. As a matter of fact, according to the results, financial literacy decreases the presence of cognitive biases, but does not have a significant effect on emotional biases.