The Effect of Five Factor Personality Theory on Financial Literacy: A Research on Teachers Working In Central Districts of Erzurum
AMERICAN RESEARCH JOURNAL OF BUSINESS AND MANAGEMENT, cilt.6, sa.6, ss.144-152, 2023 (Hakemli Dergi)
- Yayın Türü: Makale / Tam Makale
- Cilt numarası: 6 Sayı: 6
- Basım Tarihi: 2023
- Dergi Adı: AMERICAN RESEARCH JOURNAL OF BUSINESS AND MANAGEMENT
- Sayfa Sayıları: ss.144-152
- Açık Arşiv Koleksiyonu: AVESİS Açık Erişim Koleksiyonu
- Atatürk Üniversitesi Adresli: Evet
Özet
- Financial literacy is an individual's ability to understand finance. To put it more clearly, it is
the financial knowledge and abilities that an individual should have in order to make more effective financial
decisions. It is rational behavior for individuals to make the right decisions for financial products and services
with the aim of being a conscious financial consumer. However, the personality traits of individuals differ from
each other. This leads to different behaviors in financial decisions and risk-taking situations. In this study, it is
investigated whether there is a relationship between the five factor personality traits and financial literacy of 443
teachers working in the Central Districts of Erzurum. It has been determined that some personality types are
effective on financial literacy behavior.