IDEAS home Printed from https://ideas.repec.org/a/lum/rev1rl/v17y2025i3p726-753.html
   My bibliography  Save this article

Responsible Financial Behavior: Similarities and Differences between Youth in Türkiye and Lithuania

Author

Listed:
  • Kutlu ERGÃœN

    (PhD in Economics, International Relations Research and Application Center, Balıkesir University, Balıkesir, Türkiye)

Abstract

This research compares the financial behaviors of university students in Lithuania and Türkiye, focusing on each financial behavior individually. The study also examines how gender and income levels affect responsible financial behaviors. The results indicate that Lithuanian students demonstrate more responsible financial behaviors than their Turkish counterparts. Gender does not appear to significantly impact responsible financial behaviors for students in either country; however, a correlation exists between higher income levels and responsible financial behaviors. While Turkish students show more responsible behaviors in terms of budget planning, Lithuanian students excel in responsible savings behavior. Furthermore, Lithuanian students tend to have a more optimistic outlook on their financial futures, whereas Turkish students have lower expectations compared to Lithuanian students. These findings provide valuable insights for educational authorities seeking to improve students' financial knowledge and promote responsible financial behaviors. The results suggest that tailored financial education programs could be developed based on this research.

Suggested Citation

  • Kutlu ERGÃœN, 2025. "Responsible Financial Behavior: Similarities and Differences between Youth in Türkiye and Lithuania," Revista romaneasca pentru educatie multidimensionala - Journal for Multidimensional Education, Editura Lumen, Department of Economics, vol. 17(3), pages 726-753, September.
    • Handle: RePEc:lum:rev1rl:v:17:y:2025:i:3:p:726-753
    DOI: https://doi.org/10.18662/rrem/17.3/1041
    as

    Download full text from publisher

    File URL: https://lumenpublishing.com/journals/index.php/rrem/article/view/7385/5275
    Download Restriction: no
    File URL: https://libkey.io/https://doi.org/10.18662/rrem/17.3/1041?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:lum:rev1rl:v:17:y:2025:i:3:p:726-753. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Antonio Sandu (email available below). General contact details of provider: https://lumenpublishing.com/journals/index.php/rrem/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.