Financial Literacy and Its Impact on Czech Population
University of South Bohemia, Czech Republic
- Libena Kantnerova
University of South Bohemia
Tel: +420 389 032 191
E-mail: [email protected]
Received February 18, 2016; Accepted April 28, 2016; Published May 04, 2016
Citation: Kantnerova L (2016) Financial Literacy and Its Impact on Czech Population. J Civil Legal Sci 5:187. doi:10.4172/2169-0170.1000187
Copyright: © 2016 Kantnerova L. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
In recent years, developed and emerging countries and economies have become increasingly concerned about the level of financial literacy of their citizens. This paper was focused on the level of financial literacy among the young and working Czech population between 18 and 33 years of age. This group of people was specifically chosen because of the importance of knowing the level of financial literacy of this generation, as it is starting life, along with all of its difficulties, and out of which will arise the next generation. The results can be used at the Ministry of Education, Youth and Sports as the base for the evaluation of the level of financial education of this generation and for the possible adaptation of the Strategy. This survey was conducted at the Universities in ÃÂeské BudÃÂjovice, with the aid of a questionnaire and was statistically evaluated. From the result of it follows big area for the educational process in the raising of young people.