id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
fsr-3462	Barboza, Gustavo; Bongini, Paola; Rossolini, Monica	Financial (il)literacy vs. individual’s behavior: evidence on credit card repayment patterns	2021	30	.pdf	application/pdf	17851	740	56	If financial literacy does affect individuals’ preferences and decision-mak- ing processes then one would expect that higher levels of financial literacy result in a series of benefits such as: increased saving, wiser investment decisions, lower to no month-to- month credit card debt, higher wealth accumulation, and higher retirement savings. Using a sample of 156 college students from the United States, we provide unique empirical evidence by specifically differen- tiating between individuals with higher levels of financial literacy versus individuals declaring not knowing the answers to financial literacy questions and those answering incorrectly.	cache/fsr-3462.pdf	txt/fsr-3462.txt