engleski

Financial literacy and financial successfulness: How do Croatian women fare?

Women often experience insufficient levels of accumulated savings in the retirement and according to previous empirical research women are more exposed to the risk of financial problems, than men. According to the results of empirical researches, there is a general consensus on the lower level of financial literacy, financial knowledge and financial performance of women. This paper examines the level of financial literacy of women living in Croatia and analyses the effect of financial literacy on financial successfulness depending on the gender. In order to analyze the moderation effect of gender in the relationship between financial literacy and financial successfulness, ANOVA two-way analysis is used in this research. The conducted research has important implications for policy and for programs aimed at fostering financial security of women.

inancial literacy ; financial successfulness ; multivariate statistical methods ; women

ProjeKt HRZZ STRENGTHS -2014-2018, Br. 9402.