Bucher-Koenen, Tabea; Janssen, Bennet; Knebel, Caroline; … - 2023
We examine financial literacy in Germany and its relevance for financial well-being. Using data from the Panel on … Household Finances collected in 2021, we show that about 62% of German households answer the Big Three financial literacy … lower levels of financial literacy. Identifying groups with lower financial literacy and developing strategies to reach them …