THE IMPACT OF GENDER ON FINANCIAL EDUCATION AND SAVINGS OF YOUNG MILLENIALS EL IMPACTO DEL GENERO EN LA EDUCACION FINANCIERA Y EN EL AHORRO DE LOS JOVENES MILLENNIALS

Zita Mirthala Huerta-Cerda, Maria del Carmen Catache-Mendoza, Maria Alejandra Garcia-Gonzalez, Ruth Isela Martinez-Valdez, Eli Samuel Gonzalez-Trejo and Gloria Pedroza-Cantu

Revista Internacional Administracion & Finanzas, 2018, vol. 11, issue 2, 59-70

Abstract: Saving is not a usual habit in Mexico. This paper serves as the basis to examine this important habit within millennials in Mexico. We focus specifically on those millennials that are already generating profits. The research goal is to determine the impact of gender on savings and financial education among millennials. A comparison based on gender was completed to identify significant differences in regard to saving and financial education among bachelor senior students of a public university, located in northeast of Mexico. A total of 124 surveys were used for this purpose. The sample included half male and half female students. The data was analyzed by comparing the mean values to test the research hypotheses. The results show that men save more and have more financial education knowledge than women. However, these differences were non-significant and additional research is necessary to generalize the research findings and to propose better recommendations to future generations

Keywords: Saving; Millennials; Financial Education; Gender (search for similar items in EconPapers)
JEL-codes: J16 (search for similar items in EconPapers)
Date: 2018
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.theibfr2.com/RePEc/ibf/riafin/riaf-v11n2-2018/RIAF-V11N2-2018-5.pdf (application/pdf)

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:ibf:riafin:v:11:y:2018:i:2:p:59-70

Access Statistics for this article

Revista Internacional Administracion & Finanzas is currently edited by Terrance Jalbert

More articles in Revista Internacional Administracion & Finanzas from The Institute for Business and Finance Research
Bibliographic data for series maintained by Mercedes Jalbert ( this e-mail address is bad, please contact ).