Artikel

Digital Financial Literacy and Financial Well-Being

Digital financial literacy is an emerging concept that emphasizes necessary knowledge and skills to carry out financial transactions on digital platforms. In this study, we aim to examine the link between digital financial literacy and financial well-being among Korean adults. Using online survey data, this study shows that digital financial literacy is associated with financial well-being, and this association is largely due to financial knowledge and the ability to protect against digital fraud. Digital financial literacy carried larger marginal effects on financial well-being compared to financial knowledge, and demonstrated significant effects across sociodemographic groups. Implications for financial education were discussed.

Sprache
Englisch

Erschienen in
Journal: Finance Research Letters ; ISSN: 1544-6131 ; Year: 2023 ; Issue: Journal Pre-proof ; Pages: -- ; Amsterdam: Elsevier

Klassifikation
Wirtschaft
Household Saving; Personal Finance
General Welfare; Well-Being
Economywide Country Studies: Asia including Middle East
Thema
digital finance
financial literacy
digital literacy
financial inclusion
financial well-being
South Korea

Ereignis
Geistige Schöpfung
(wer)
Choung, Youngjoo
Chatterjee, Swarn
Pak, Tae-Young
Ereignis
Veröffentlichung
(wer)
Elsevier
ZBW - Leibniz Information Centre for Economics
(wo)
Amsterdam
(wann)
2023

DOI
doi:10.1016/j.frl.2023.104438
Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Artikel

Beteiligte

  • Choung, Youngjoo
  • Chatterjee, Swarn
  • Pak, Tae-Young
  • Elsevier
  • ZBW - Leibniz Information Centre for Economics

Entstanden

  • 2023

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