Financial Literacy : The importance of future orientation and financial literacy for the asset management of pension saving

2020

Master's thesis in Business administration (BE501) The purpose of this study is to find out whether financial knowledge, consideration of future consequences and risk attitude have an impact on portfolio choice.With today's inflation, it has never been as important to think about the future as before. Good financial knowledge is crucial to how individuals can meet the unexpected expenses. In order to make your own financial decisions, it is important to think about the future. Developments in the financial market and in welfare schemes allow consumers to make an increasing number of major financial decisions in an increasingly complex financial market. It is important to make sure that ever…