Abstract
This study set out to discover the key personal financial areas or personal financial characteristics that individuals should have a basic knowledge of as well as their ability to manage their personal finances. Once these areas were determined, a self-assessment survey was created. Upon completion of the survey, a total score can be determined to assess ones degree of personal financial healthiness. The study is important because the instrument can help identify problems areas that people have in managing their own personal finances. The self-assessment survey could be used by financial planners or financial counselors as they work with clients in becoming better stewards of their financial resources. The instrument also provides an action planning area to be used to identify areas for improvement.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: Journal of Business & Economics Research (JBER)
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
