Flash Eurobarometer 525 (Monitoring the Level of Financial Literacy in the EU)

Financial literacy of EU citizens.<br>Topics: self-rated knowledge about financial matters compared to other adults in the own country; knowledge test: development of savings with a special interest rate over one year, development of the purchasing power of a special amount of money given a special inflation over one year, development of bond prices in case of rising interest rates, riskiness of investments with higher returns, riskiness of investments with a wide range of company shares; financial knowledge score; attitude towards the following statements: respondent carefully considers whether something is affordable before buying it, respondent keeps track and monitors own expenses, respondent sets long-term financial goals and strives to achieve them; financial behaviour score; overall financial literacy score; number of months being able to continue to cover own living expenses without borrowing any money or moving house in case of loss of main source of income; kind of financial products currently having or having had in the last two years: private pension or retirement product, life insurance, non-life insurance, mortgage or home loan, other consumer loan, investment product, crypto-securities, none of these; confidence with regard to having enough money to live comfortably throughout retirement years; comfort with using digital financial services; confidence in investment advice from bank / insurer / financial advisor.

Demography: age; sex; nationality; responsible person for making day-to-day decisions about money in the household; highest completed level of full time education; ISCED level; household’s total income: awareness of weekly, monthly, yearly income; household´s total income per: week, month, year; age at end of education; occupation; professional position; type of community; household composition and household size.

Additionally coded was: respondent ID; country; device used for interview; region; nation group; weighting factor.