The DOI matches its Crossref record; 24 of the 27 references it cites were found in a registry or an index.
In Our Best Interest: Women, Financial Literacy, and Credit Card Behavior
Open accessAbstract
Data from the FINRA Investor Education Foundation’s National Financial Capability Study revealed that women were more likely to engage in costly credit card behaviors--like incurring late and over-the-limit fees--than men. After controlling for a number of demographic variables, including financial literacy and a self-assessment of mathematical ability, the gender-based differences in credit card behavior were eliminated. These findings suggest that credit card management differences between the sexes could be reduced if parity existed between men and women on important variables that women tend to trail men on, such as income and financial literacy.
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“Other recent studies document that individuals with low levels of financial literacy are significantly less likely to use their credit cards efficiently (e.g., Lusardi and Tufano 2015;Mottola 2013;Allgood and Walstad 2013).”
From Financial literacy, financial advice, and financial behavior (2017) · cites this paper as Mottola 2013
In the citing paper
“Analyzing the same dataset, Mottola (2013) also confirms that the financially literate respondents are less often found to exhibit costly credit card behaviors such as being charged a late fee for late payment or not paying down credit card debt in full.”
From Financial literacy, financial advice, and financial behavior (2017) · cites this paper as Mottola (2013)
In the citing paper
“Similarly, Mottola (2013) found that those with low financial literacy were more likely to engage in costly credit card behavior”
From Financial literacy and the need for financial education: evidence and implications (2019) · cites this paper as Mottola (2013)
In the citing paper
“are more likely to be behind on other types of debt and have worse credit scores (Geng, 2018; Mottola, 2013)”
From Debt, Incarceration, and Re-entry: a Scoping Review (2021) · cites this paper as Mottola, 2013
Citations
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Cited by
Sorted by citations
The Economic Importance of Financial Literacy: Theory and Evidence
Lusardi, A., & Mitchell, O. S. (2014) · Journal of Economic Literature · doi:10.1257/jel.52.1.5 · Cited by 4,698
Financial literacy and the need for financial education: evidence and implications
Lusardi, A. (2019) · Swiss Journal of Economics and Statistics · doi:10.1186/s41937-019-0027-5 · Cited by 1,135
The Economic Importance of Financial Literacy: Theory and Evidence
Lusardi, A., & Mitchell, O. S. (2013) · National Bureau of Economic Research · doi:10.3386/w18952 · Cited by 872
How Financially Literate Are Women? An Overview and New Insights
Bucher‐Koenen, T., Lusardi, A., Alessie, R. J. M., & van Rooij, M. (2016) · Journal of Consumer Affairs · doi:10.1111/joca.12121 · Cited by 620
Financial literacy, financial advice, and financial behavior
Stolper, O. A., & Walter, A. (2017) · Journal of Business Economics · doi:10.1007/s11573-017-0853-9 · Cited by 471
“…than that of test-based financial literacy, providing evidence that the two concepts are distinct from each other.35 Analyzing the same dataset, Mottola (2013) also confirms that the financially literate respondents are less often found to exhibit costly credit card behaviors such as being…”
BackgroundInfluential
Metadata
- Authors
- Mottola, G.
- Corresponding author
- Mottola, Gary
- ORCID
- Mottola, Gary
- Venue
- Numeracy
- Published
- 2013-07
- Volume
- 6
- Issue
- 2
- ISSN
- 1936-4660 (ISSN-L)
- OpenAlex
- W2077100609
- Cited by
- 194
- References
- 27
- Citations by year
- 2026: 6 · 2025: 18 · 2024: 17 · 2023: 16 · 2022: 22 · 2021: 16 · 2020: 17 · 2019: 18 · 2018: 18 · 2017: 10 · 2016: 9 · 2015: 11 · 2014: 6 · 2013: 9
- FWCI
- 45.27
- Type
- journal article
- Language
- en
- Open access
- diamond
- doi.org
- Licence
- cc-by-nc
- Locations
- Numeracy (publishedVersion, cc-by-nc)
- Digital Commons - University of South Florida (University of South Florida) (submittedVersion, cc-by-nc)
- DOAJ (DOAJ: Directory of Open Access Journals) (submittedVersion, cc-by-sa)
- Topics
- Social Sciences › Economics, Econometrics and Finance › Finance › Financial Literacy, Pension, Retirement Analysis
- Social Sciences › Business, Management and Accounting › Accounting › Financial Literacy and Behavior
- Social Sciences › Decision Sciences › General Decision Sciences › Decision-Making and Behavioral Economics
- Keywords
- financial literacy, gender differences, women, late fees, mathematical ability, financial capability, credit card management
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