Financial literacy in the United Arab Emirates

DISSERTATION WITH DISTINCTION

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Bibliographic Details
Main Author: Al Hallami, Aysha Ahmed Sultan (author)
Published: 2010
Subjects:
Online Access:http://bspace.buid.ac.ae/handle/1234/105
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author Al Hallami, Aysha Ahmed Sultan
author_facet Al Hallami, Aysha Ahmed Sultan
author_role author
dc.creator.none.fl_str_mv Al Hallami, Aysha Ahmed Sultan
dc.date.none.fl_str_mv 2010-06
2013-05-21T05:38:28Z
2013-05-21T05:38:28Z
dc.format.none.fl_str_mv application/pdf
dc.identifier.none.fl_str_mv 80011
http://bspace.buid.ac.ae/handle/1234/105
dc.language.none.fl_str_mv en
dc.publisher.none.fl_str_mv The British University in Dubai (BUiD)
dc.subject.none.fl_str_mv financial illiteracy
United Arab Emirates (UAE)
financial behavior
dc.title.none.fl_str_mv Financial literacy in the United Arab Emirates
dc.type.none.fl_str_mv Dissertation
description DISSERTATION WITH DISTINCTION
id budr_ef14ff32e0453c4b771a638d9cb7cde2
identifier_str_mv 80011
language_invalid_str_mv en
network_acronym_str budr
network_name_str The British University in Dubai repository
oai_identifier_str oai:bspace.buid.ac.ae:1234/105
publishDate 2010
publisher.none.fl_str_mv The British University in Dubai (BUiD)
repository.mail.fl_str_mv
repository.name.fl_str_mv
repository_id_str
spelling Financial literacy in the United Arab EmiratesAl Hallami, Aysha Ahmed Sultanfinancial illiteracyUnited Arab Emirates (UAE)financial behaviorDISSERTATION WITH DISTINCTIONThis research examined financial literacy in the UAE. Financial illiteracy was known to be the main reason behind financial problems in many countries around the world. The research examined whether financial literacy has led to financial problems in Abu Dhabi and Al Ain, or not. This study surveyed 369 households in Abu Dhabi and Al Ain and determined their financial literacy level through short exam. The survey tested households’ demographic information, general financial behavior, saving behavior, debt behavior, and actual financial literacy scores. The findings suggest that 75% of households were classified in the low category of financial literacy scores based on the financial literacy exam. Relationships between financial literacy, saving behavior, and debt behavior were tested using CHI Square test of independence. Results showed that there is no relationship between financial literacy level and saving behavior, but there is a significant relationship between saving education and saving behavior. Moreover, no relationship was found between financial literacy level and debt behavior, yet a strong evidence of relationship was found between debt education and debt behavior. It was concluded that financial education on saving and debt have a great impact on Abu Dhabi and Al Ain households’ financial behavior.The British University in Dubai (BUiD)2013-05-21T05:38:28Z2013-05-21T05:38:28Z2010-06Dissertationapplication/pdf80011http://bspace.buid.ac.ae/handle/1234/105enoai:bspace.buid.ac.ae:1234/1052021-10-06T13:13:55Z
spellingShingle Financial literacy in the United Arab Emirates
Al Hallami, Aysha Ahmed Sultan
financial illiteracy
United Arab Emirates (UAE)
financial behavior
title Financial literacy in the United Arab Emirates
title_full Financial literacy in the United Arab Emirates
title_fullStr Financial literacy in the United Arab Emirates
title_full_unstemmed Financial literacy in the United Arab Emirates
title_short Financial literacy in the United Arab Emirates
title_sort Financial literacy in the United Arab Emirates
topic financial illiteracy
United Arab Emirates (UAE)
financial behavior
url http://bspace.buid.ac.ae/handle/1234/105