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Beyond financial literacy: the case of cross-generational couples' problem-solving the life course

Beyond financial literacy: the case of cross-generational couples' problem-solving the life course
Beyond financial literacy: the case of cross-generational couples' problem-solving the life course
Many governments have identified a key role for financial literacy in the remediation of the social and economic consequences of heavily indebted citizens and their generally inadequate arrangements for retirement. Failure in life course planning is taken to be a key skill deficit. The present study questions the methodologies used to arrive at this judgement and extends this critique to cover the tools used to measure levels of financial literacy. Furthermore, evidence from a qualitative study of 14 cross-generational couples, utilizing 28 in-depth interviews carried out between 2005 and 2010, is cited revealing that financially literate citizens have problems with the social complexity of non-normative relationship planning as opposed to specifically financial planning difficulties.
2219-1933
166-175
Vass, Jeff
dc15b906-c479-4738-a58d-d163a892c0aa
Vass, Jeff
dc15b906-c479-4738-a58d-d163a892c0aa

Vass, Jeff (2012) Beyond financial literacy: the case of cross-generational couples' problem-solving the life course. [in special issue: July 2012] International Journal of Business and Social Science, 3 (14), 166-175.

Record type: Article

Abstract

Many governments have identified a key role for financial literacy in the remediation of the social and economic consequences of heavily indebted citizens and their generally inadequate arrangements for retirement. Failure in life course planning is taken to be a key skill deficit. The present study questions the methodologies used to arrive at this judgement and extends this critique to cover the tools used to measure levels of financial literacy. Furthermore, evidence from a qualitative study of 14 cross-generational couples, utilizing 28 in-depth interviews carried out between 2005 and 2010, is cited revealing that financially literate citizens have problems with the social complexity of non-normative relationship planning as opposed to specifically financial planning difficulties.

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Published date: July 2012
Organisations: Sociology, Social Policy & Criminology

Identifiers

Local EPrints ID: 340693
URI: http://eprints.soton.ac.uk/id/eprint/340693
ISSN: 2219-1933
PURE UUID: 3e63de29-f79a-4aac-8250-684aeed2bbf6

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Date deposited: 29 Jun 2012 09:28
Last modified: 14 Mar 2024 11:28

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Contributors

Author: Jeff Vass

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