How is financial literacy predicted by mathematics achievement and mathematics-related affective characteristics?

Abstract

This study focused on determining how financial literacy scores in these countries were predicted by mathematical achievement and affective concepts related to mathematics. The study was conducted using financial literacy data from students in Belgium, Brazil, Costa Rica, Italy, and Portugal, obtained from the OECD’s PISA 2022 database. Therefore, analyses were conducted with all of these respondents. Accordingly, data from 1775 students from Belgium, 3038 students from Brazil, 2564 students from Costa Rica, 4581 students from Italy, and 3139 students from Portugal were analyzed. In general, the results show that there is a relationship between students' financial literacy and mathematical achievement.