Financial literacy and financial education are not new topics, even though interest in these topics among policymakers, financial authorities, and academics continues to grow. The Routledge Handbook of Financial Literacy provides a comprehensive reference work that addresses both research perspectives and practical applications to financial education. This is the first volume to summarize the milestones of research in financial literacy from multiple perspectives to offer an overview.

The book is organized into six parts. The first three parts provide a conceptual framework, which discusses what financial literacy is, how it should be measured, and explains why it represents a relevant topic and effective tool in enhancing decision-making among consumers as well as consumer protection strategies. Part IV addresses the connection between financial education and financial literacy, with chapters about financial education in school settings as well as for adults. This part includes an analysis of the role of Fintech and the use of gamification in financial education. Part V is a collection of contributions that analyze financial literacy and financial education around the world, with a focus on geographical areas including the U.S., South America, Western Europe, Eastern Europe, Asia, and Africa. This part also considers how financial literacy should be addressed in the case of Islamic finance. The concluding part of the book examines how financial literacy is related to other possible approaches to consumer finance and consumer protection, addressing the relationships between financial literacy and behavioral economics, financial well-being, and financial inclusion.

This volume is an indispensable reference for scholars who are new to the topic, including undergraduate and graduate students, and for experienced researchers who wish to enrich their knowledge, policymakers seeking a broader understanding and an international perspective, and practitioners who seek knowledge of best practices as well as innovative approaches.

The Routledge Handbook of Financial Literacy provides a comprehensive reference work that addresses both research perspectives and practical applications to financial education. This is the first volume to summarize the milestones of research in financial literacy from multiple perspectives to offer a big picture overview.

Part 1 What is Financial Literacy? 1 Defining Financial Literacy Brenda J. Cude 2 Financial Literacy among Children: Supporting the Achievement of Financial Well-Being in Adulthood Anita I. Drever and Nicole M. Else-Quest 3 Financial Literacy among Young Adults Joyce Serido 4 Financial Literacy among Older Adults Shinae L. Choi and Brenda J. Cude 5 A Multidimensional Approach to Defining and Measuring Financial Literacy in the Digital Age Angela C. Lyons and Josephine Kass-Hanna Part 2 Measuring Financial Literacy 6 Measuring Financial Literacy: The Role of Knowledge, Skills, and Attitudes Marlene Haupt 7 Financial Literacy and Numeracy Elisa Darriet, Marianne Guille, and Jean-Christophe Vergnaud 8 Assessment Methodologies in Financial Literacy: Best Practices and Guidelines Gianni Nicolini 9 Customizing Financial Literacy Gianni Nicolini Part 3 Relevance and Effectiveness of Financial Literacy 10 Now More than Ever: Why Financial Literacy is a Key Element of Post-COVID-19 Recovery Elsa Fornero, Anna Lo Prete, and Noemi Oggero 11 The Likely Influence of Financial Literacy on Financial Behaviors William B. Walstad and Sam Allgood Part 4 Improving Financial Literacy: The Role of Financial Education 12 Overview of Financial Education Suzanne Bartholomae and Jonathan J. Fox 13 Financial Education in Schools Robin Henager and M.J. Kabaci 14 Financial Education for Adults: Effective Practices and Some Recommendations Suzanne Bartholomae, D. Elizabeth Kiss, and Maria Pippidis 15 Financial Education in Human Trafficking Interventions: Implications for Research, Programming, and Policy David Okech, Claire Bolton, and Elyssa Schroeder 16 Fintech, Financial Literacy, and Financial Education Peter J. Morgan 17 Education or Entertainment? On the Potential of Games in Financial Education Panu Kalmi and Tanja Sihvonen 18 Alternatives to Financial Education Lauren E. Willis Part 5 Financial Literacy and Financial Education Around the World 19 Financial Literacy and Financial Education in the United States Brenda J. Cude 20 Financial Literacy and Financial Education in Canada Jodi Letkiewicz 21 Financial Literacy and Financial Education in Central America and the Caribbean Donna E. Danns and George K. Danns 22 Financial Literacy and Financial Education in South America Cristina Carrillo Rivero 23 Financial Literacy and Financial Education in Western Europe Luc Arrondel, Marlene Haupt, Maria Jesus Mancebon, Gianni Nicolini, Manuel Walti, and Jasmira Wiersma 24 Financial Literacy and Financial Education in Northern Europe Anu Raijas 25 Financial Literacy and Financial Education in Eastern Europe Andrzej Cwynar 26 Financial Literacy and Financial Education in Africa Sophia T. Anong, Judith Aboagye, and Jaeyong Yoo 27 Financial Literacy and Financial Education in Asia Jing Jian Xiao 28 Financial Literacy and Financial Education in Australia and New Zealand Andrew C. Worthington and Tracey West 29 Financial Literacy, Financial Education, and Islamic Finance Andrew C. Worthington and Ainulashikin Marzuki Part 6 Beyond Financial Literacy 30 Financial Literacy and Behavioral Economics: Knowledge, Nudging, and the Psychology of Decision-Making Vera Rita De Mello Ferreira 31 Financial Literacy and Financial Well-Being Dee Warmath 32 The Relationship Between Financial Literacy and Financial Inclusion Antonia Grohmann and Lukas Menkhoff