Financial capability of people with low income: Results from the Canadian financial diaries

IF 16.4 1区化学 Q1 CHEMISTRY, MULTIDISCIPLINARY

Accounts of Chemical Research Pub Date : 2024-02-26 DOI:10.1002/pop4.394

Jerry Buckland, Jennifer Frimpong, Wendy Nur, Wayne Simpson

引用次数: 0

Abstract

Household income, assets, and socioeconomic context influence people's financial behavior and their financial literacy. This study uses a mixed methods financial diaries to understand the strengths and weaknesses of the finances of 28 Canadians with low income. Contrary to results from national surveys on financial literacy, we found that these low‐ and modest middle‐income participants were careful with their finances by doing things such as paying of one's credit card immediately, deliberately focusing on needs, and tracking one's finances. There were cases of decisions that seemed to harm the participants longer‐term financial wellbeing but, in many cases, barriers in banking, the labor market, and government support programs prevented a better choice.

查看原文本刊更多论文

低收入者的财务能力：加拿大财务日记的结果

家庭收入、资产和社会经济背景会影响人们的财务行为和财务素养。本研究采用财务日记的混合方法来了解 28 位低收入加拿大人在财务方面的优缺点。我们发现，与全国性金融素养调查的结果相反，这些低收入和中等收入的参与者在理财方面都很谨慎，比如立即偿还信用卡、刻意关注需求以及跟踪自己的财务状况。有些决定似乎会损害参与者的长期财务状况，但在许多情况下，银行、劳动力市场和政府支持计划中的障碍阻碍了他们做出更好的选择。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

求助全文

约1分钟内获得全文求助全文

来源期刊

Accounts of Chemical Research 化学-化学综合

CiteScore

31.40

自引率

1.10%

发文量

312

审稿时长

2 months

期刊介绍： Accounts of Chemical Research presents short, concise and critical articles offering easy-to-read overviews of basic research and applications in all areas of chemistry and biochemistry. These short reviews focus on research from the author’s own laboratory and are designed to teach the reader about a research project. In addition, Accounts of Chemical Research publishes commentaries that give an informed opinion on a current research problem. Special Issues online are devoted to a single topic of unusual activity and significance. Accounts of Chemical Research replaces the traditional article abstract with an article "Conspectus." These entries synopsize the research affording the reader a closer look at the content and significance of an article. Through this provision of a more detailed description of the article contents, the Conspectus enhances the article's discoverability by search engines and the exposure for the research.