ANALYZE THE RELATIONSHIP BETWEEN FINANCIAL KNOWLEDGE, ATTITUDES AND PRACTICES OF VIETNAMESE YOUTH AND PREPARATION FOR LIFE IN OLD AGE

PHÂN TÍCH MỐI QUAN HỆ GIỮA KIẾN THỨC TÀI CHÍNH, THÁI ĐỘ VÀ THỰC HÀNH CỦA THANH NIÊN VIỆT NAM VÀ SỰ CHUẨN BỊ CHO CUỘC SỐNG TUỔI GIÀ

Tóm tắt

In the modern world, grasping financial management knowledge and capabilities is becoming more and more important. Having financial knowledge for youths will help them know how to manage money and be able to make wise and safe financial decisions, ensuring the stable development of individuals and their families in the future. Based on the above assessment results, the research proposes the following recommendations: (i) Training institutions should provide additional teaching content on financial knowledge to youths/ students and integrate it into existing programs appropriately. (ii) Training courses should focus on low-skilled youths because they also seriously lack financial knowledge and often have negative behaviors and attitudes. (iii) For financial practice, youths first need to grasp basic knowledge and know how to make financial plans to manage income effectively. This is the first and an important step of financial practice.