n Meditari : Research Journal of the School of Accounting Sciences - Do our children know anything about money? An exploratory study
|Article Title||Do our children know anything about money? An exploratory study|
|© Publisher:||University of Pretoria|
|Journal||Meditari : Research Journal of the School of Accounting Sciences|
|Author||B. De Clercq|
|Publication Date||Jan 2009|
|Pages||1 - 13|
|Keyword(s)||Education, Financial knowledge, Financial literacy, Financial responsibility, Financial skills and competence and Level of income|
South Africans, like many people worldwide, need to save more and spend less. The question arises why people do not save enough for their retirement and other financial needs. In this exploratory study, age, gender and the amount of pocket money that learners receive were evaluated to determine their impact on the level of learners' financial literacy. The author concluded that of the three variables evaluated, only age has a significant effect on the level of learners' financial literacy.
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