Name: Michael Manieri
Live Poster Session: Zoom Link
Abstract: This process examines the relationship between perceived financial literacy and actual financial literacy. Research has shown that both financial literacy and financial confidence are important predictors of financial well-being. Further, individuals who accurately predict their financial knowledge possess higher levels of financial well-being. Academic literature has also found that both gender and education levels affect an individual’s financial knowledge and confidence. In addition, this project assesses how gender and whether someone went to college affects the association between financial confidence and financial knowledge. Ultimately, financial knowledge and financial literacy were significantly at the 99.9% confidence level after controlling for gender and college education. College education significantly altered the relationship between financial confidence and literacy, and college was a significant predictor of financial literacy. Gender was not a significant predictor of financial literacy, and it did not significantly alter the relationship between financial confidence and literacy.
QACPoster-2