Attitudes and Knowledge of Young People Towards Credit

Abstract

The research was conducted to examine the knowledge and at­titude of young people towards credit. The total sample of respondents is 77 young people, and the survey was conducted with the help of a struc­tured online questionnaire among the student population. The results indi­cate the importance of saving, but also the lack of practice among the sur­veyed population. There is room for improving knowledge related to loans and creditworthiness as well as more complex financial terms. A lack of knowledge about investments in securities and investment funds was ob­served. The limitations of this research can be seen in the smaller sample, but also the sample of the student population. Recommendations for fur­ther research are to expand the sample to the entire population and not only to highly educated young people with an economic orientation and to use a larger sample for more significant statistical confirmation.