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Thursday, May 21 • 6:00pm - 6:00pm
109 The Influence of Financial Knowledge, Financial Stress and Help Seeking Activities on Financial Decision Making: Evidence from the Canadian Financial Capability Survey

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This research uses nationally representative data from Statistics Canada's 2014 Canadian Financial Capability Survey to investigate three selected financial management behaviors: having a household budget, carrying an unpaid balance on a credit card, and handling an unexpected $500 expenditure by using savings. In multivariate logistic regression analyses that include variables for both subjective and objective financial knowledge, financial capability, financial stress, help-seeking activities, and demographic and socioeconomic characteristics, the strongest results are for financial capability.

Author(s): Karen Duncan, Jamal Tavosi

avatar for Karen Duncan

Karen Duncan

President of the Board, ACCI
University of Manitoba, Associate Professor

Thursday May 21, 2020 6:00pm - 6:00pm CDT
ACCI YouTube