Abstract

The financial system is a highly competitive field whose applications range from as big as the strategic vision and missions of the multinational companies to as small as day-to-day household expenditure decisions or management of pocket money by students. Financial literacy is a life skill that, in theory, is highly related to the well-being of individuals and companies. In the subject of financial literacy, there is a large body of literature, but very little to no knowledge on the trend and patterns of the literature and research advances in the body of knowledge. With the help of Scientific mapping analysis (SMA) and Bibliometric analyses, this study aims to declutter the literature in the field and find the future research direction in financial literacy. The study is carried out on 1000 documents from a 20-year time horizon (2001–2021), indexed on Web of Science. The study shows the publication trends, most relevant authors, journals, countries. The most significant, developing, and trending themes in the subject and the intellectual structure were investigated using keyword analysis. To better understand the social structure in financial literacy and well-being, co-authorship analysis was used.

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