| Abstract [eng] |
The main purpose of this master's thesis is to reveal the theoretical aspects of financial literacy and quality of life, to create a research methodology and to analyze the impact of financial literacy on quality of life. In the course of this master's thesis, the tasks such as identifying the concept of financial literacy, determining factors and evaluation methods after examining the scientific literature were set. Also, on the basis of scientific literature, reveal the concept of quality of life, the determining factors and evaluation methods. The next step is to create a research methodology. After conducting the survey and identifying the level of financial literacy of the respondents, using the quality of life index, determine the influence of the level of financial literacy on the quality of life and verify the accuracy of the proposed hypotheses by performing a correlational analysis. Application of master's work methods: analysis and synthesis of scientific literature, data collection, systematization, analysis of statistical data and interpretation of the obtained results. Financial literacy is a set of knowledge and skills that help a person make financially beneficial decisions for greater financial well-being. Quality of life is a multifaceted concept that includes various physical, emotional, social, material, and cultural factors influencing human life. After analyzing the data collected during the survey, it was found that almost half of the respondents (48%) have an average level of literacy, 36% of the respondents are classified as low literacy, and the share of respondents with a high level of financial literacy is the smallest - 16%. This distribution of respondents allows us to conclude that the majority of respondents lack financial knowledge and correct habits in financial matters in order to effectively manage their finances. As a result of the research, it was determined that the quality of life index of the respondents assigned to the low financial literacy level is 59.93, the quality of life index of the medium literacy level respondents is 71.11, and the high financial literacy level is 87.25. Also, a clear trend of growth in the quality of life can be seen among each analyzed factor determining the quality of life. As the level of literacy increases, the quality of life index increases and the results of all analyzed factors lead to the conclusion that the quality of life also improves as the level of financial literacy increases. |
