TAILIEUCHUNG - Assessing financial literacy of employed and business people in AMBO, Ethiopia: Evidence for policy makers

Financial Literacy; Financial Knowledge; Financial Attitude; Financial Behaviour; OECD; Financial Inclusion. Financial market today is flooded with sophisticated and complex financial products thereby individuals require a greater degree of financial literacy to select appropriate financial products and avail financial services. The purpose of the study was to assess the financial literacy and awareness of financial products of employed and business people in AMBO, Ethiopia. Descriptive research was adopted for the study. From the total population of 10,031 employed and business people in AMBO, 371 adults aged 18 to 79 were interviewed using a structured and a standardized questionnaire developed by OECD. Financial literary is the sum of the scores of three constructs namely: Financial Knowledge, Financial Behavior and Financial Attitude. Results reveal that the financial knowledge score is 46%, financial attitude score is 60%, financial behavior score is 52%. The overall financial literacy score is 54% in the town. There is a wide gap between awareness and holding of credit, investment products and current account. | Assessing financial literacy of employed and business people in AMBO, Ethiopia: Evidence for policy makers

• Tài chính doanh nghiệp
• Financial literacy
• Financial knowledge
• Financial attitude
• Financial behaviour
• Financial inclusion
• Teachers’ financial literacy
• Does it impact on financial behaviour
• Long term planning
• The Greater Jakarta
• Partial Least Square Structural Equation Modelling
• Financial literacy on financial behaviour among teachers
• Personal financial literacy
• How your choices affect income
• Your purchasing power
• Financial decisions
• Banking system
• Personal risk management
• Investing options
• Buying decisions
• Set of research questions
• Impact of financial literacy
• Overall customer satisfaction
• Country level financial literacy
• S&P Global Fin Lit Survey
• Summary of PhD thesis
• Doctoral thesis in Finance Banking
• Financial literacy in the poor
• The poor in rural Vietnam
• Finance and banking
• Financial literacy of the poor
• Rural Vietnam
• Consumer protection
• Consumer vulnerability
• Financial fraud
• Personal privacy
• Financial education
• Kinh tế kinh doanh
• Tạp chí khoa học
• Financial behavior
• Vietnamese adults
• Retirement planning
• Pension funds
• Financial situation
• Primary importance
• Public health
• Health behavior
• Health investment
• Preventive health check up
• Financial innovation
• Financial inclusion in Uganda
• Evaluation of determinants
• Tài chính doanh nghiệp
• Behavioral biases
• Retirement savings
• College students
• Finance research
• Financial customer protection
• Equitable dealing
• Disclosure and transparency
• Social EffEconomic ects
• financial Liberalization
• development banking
• financial fragility
• financial crisis
• deflation
• Funds Analysis
• Financial Sector
• Financial Infrastructure
• Financial Markets
• Economy with Private Placement
• Funds Matrix
• Importance of financial literacy
• Healthy financial decision
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• Personal finance
• Developing financial services
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• period leading
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