Knowledge Tree
Relations (1)
related 2.00 — strongly supporting 3 facts
Financial literacy and financial planning are linked as core components of economic advancement, as explored in academic research [1] and [2]. Furthermore, financial literacy is explicitly examined within the context of financial planning literature, such as in the book 'Investor Behavior—The Psychology of Financial Planning and Investing' [3].
Facts (3)
Sources
The Psychological Drivers of Financial Decision-Making - ijsrm ijsrm.net 2 facts
referenceLingyan, W., Mawenge, Rani, D., and Patil, S. (2021) studied the relationship between personal financial planning and financial literacy as a means to stimulate economic advancement.
referenceLingyan et al. (2021) studied the relationship between personal financial planning and financial literacy as a means to stimulate economic advancement.
Understanding Behavioral Aspects of Financial Planning and Investing financialplanningassociation.org 1 fact
referenceMichael S. Finke and Sandra J. Huston's chapter 'Financial Literacy and Education' in the book 'Investor Behavior—The Psychology of Financial Planning and Investing' (2014) discusses the role of financial literacy and education.