Financial Literacy as a Key to Entrepreneurship Education: A Multi-Case Study Exploring Diversity and Inclusion

Adriana Medina-Vidal (), Mariana Buenestado-Fernández and José Martín Molina-Espinosa
Additional contact information
Adriana Medina-Vidal: Independent Researcher, Mexico City 03700, Mexico
Mariana Buenestado-Fernández: Department of Education, University of Cantabria, 39005 Santander, Spain
José Martín Molina-Espinosa: Institute for the Future of Education, Tecnologico de Monterrey, Monterrey 64849, Mexico

Social Sciences, 2023, vol. 12, issue 11, 1-20

Abstract: This article presents the results of the financial literacy assessment of young Mexican students between the ages of 17 and 24 enrolled in public and private institutions in five Mexican cities. This study’s objective was to approach the financial knowledge, behaviors, and attitudes of young Mexicans through focus groups and questionnaires to identify their perceptions of complex thinking and its use for financial products and services. The most relevant findings suggest that (a) most of the young participants in the study use banking services through their parents, (b) there are significant gender differences in financial knowledge and behaviors, (c) critical thinking significantly and positively correlates with financial behaviors and attitudes, and (d) the level of critical thinking predicts financial behavior. There is a need to develop women’s critical thinking to discern between the financial behavior they socially imitate and their capabilities to become more involved in financial issues, thus decreasing the gender gap.

Keywords: financial literacy; complex thinking; gender; higher education; educational innovation; multiple case; critical thinking (search for similar items in EconPapers)
JEL-codes: A B N P Y80 Z00 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.mdpi.com/2076-0760/12/11/626/pdf (application/pdf)
https://www.mdpi.com/2076-0760/12/11/626/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jscscx:v:12:y:2023:i:11:p:626-:d:1277394

Access Statistics for this article

Social Sciences is currently edited by Ms. Yvonne Chu

More articles in Social Sciences from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().