Financial Capability in Mexico : Results from a National Survey on Financial Behaviors, Attitudes, and Knowledge
This report describes a baseline measure of the financial capability of the Mexican adult population. Chapter one describes the Mexican context and the rationale for the financial capability study. Chapter two describes key findings related to dail...
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| Format: | Other Financial Sector Study |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2013/11/18523527/financial-capability-mexico-results-national-survey-onbrfinancial-behaviors-attitudes-knowledge-financial-capability-mexico-results-national-survey-financial-behaviors-attitudes-knowledge http://hdl.handle.net/10986/16756 |
| id |
okr-10986-16756 |
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| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ABILITY OF CONSUMERS ACCESS POINTS ACCESS TO FINANCE ACCESSIBILITY AMOUNT OF MONEY AUTOMATIC DEDUCTIONS BANK ACCOUNTS BANK BRANCH BANK BRANCHES BANK CREDIT BANKING SERVICES BANKS BORROWING BORROWING MONEY BUDGETING CALCULATION CALCULATIONS CAR LOAN CAR LOANS COMPOUND INTEREST CONCEPT OF COMPOUND INTEREST CONSUMER CONSUMER NEEDS CONSUMER PROTECTION CONSUMERS CONTRIBUTIONS COOPERATIVES CREDIT ASSOCIATIONS CREDIT CARD CREDIT CARD USE CREDIT CARDS CREDIT PRODUCTS CURRICULA DAILY EXPENSES DAY-TO-DAY MONEY MANAGEMENT DEBT DEBT BURDEN DEBT LOADS DEBTORS DEBTS DEPOSIT DEPOSIT ACCOUNTS DEVELOPMENT BANK DEVELOPMENT BANKS DIVERSIFICATION ECONOMIC SHOCKS EDUCATION DEVELOPMENT EDUCATION LEVEL EDUCATION LEVELS EDUCATION TRUST EDUCATIONAL ATTAINMENT EMPLOYEE EMPLOYER EMPLOYER PENSION EMPLOYMENT EXCESSIVE DEBT FAMILIES FAMILY MEMBER FINANCIAL ACCESS FINANCIAL ASSETS FINANCIAL BEHAVIOR FINANCIAL BEHAVIORS FINANCIAL CHOICES FINANCIAL CONCEPTS FINANCIAL CONSUMERS FINANCIAL CRISIS FINANCIAL DATA FINANCIAL DECISION FINANCIAL DECISIONS FINANCIAL EDUCATION FINANCIAL EDUCATION INITIATIVES FINANCIAL EDUCATION PROGRAMS FINANCIAL INFRASTRUCTURE FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL INTERMEDIARIES FINANCIAL INTERMEDIARY FINANCIAL INVESTMENTS FINANCIAL KNOWLEDGE FINANCIAL LITERACY FINANCIAL LITERACY SURVEY FINANCIAL LITERACY TRAINING FINANCIAL LIVES FINANCIAL MANAGERS FINANCIAL MATTERS FINANCIAL PLANNING FINANCIAL PLANS FINANCIAL PRODUCT FINANCIAL PRODUCTS FINANCIAL SERVICE FINANCIAL SERVICES FINANCIAL SITUATIONS FINANCIAL STABILITY FINANCIAL SUPPORT FORMAL FINANCIAL INSTITUTION FORMAL FINANCIAL SERVICES FORMAL SAVINGS GENDER GOVERNMENT PENSION HEAD OF HOUSEHOLD HEALTH INSURANCE HOUSEHOLD EXPENDITURE HOUSEHOLD EXPENSES HOUSEHOLD FINANCES HOUSEHOLD FINANCIAL DECISION HOUSEHOLD FINANCIAL DECISION MAKING HOUSEHOLD FINANCIAL DECISIONS HOUSEHOLD FINANCIAL MANAGEMENT HOUSEHOLD INCOMES HOUSEHOLDS HOUSEWIVES INCOME INCOME GROUP INCOME GROUPS INCOME LEVEL INCOME LEVELS INCOME SOURCE INDIVIDUAL SAVINGS INFLATION INFORMAL BORROWING INFORMAL CREDIT INFORMAL ECONOMY INFORMAL LOANS INFORMAL SAVINGS INFORMAL WORKERS INFORMATION SYSTEM INHERITANCE INSURANCE INTEREST RATE INTEREST RATES INTERNATIONAL BANK JOB LOSS KEY CHALLENGES KNOWLEDGE LEVELS LABOR FORCE LESS FINANCIALLY LITERATE LEVEL OF CONFIDENCE LIFE EVENT LIFE EVENTS LIFE-CYCLE EVENTS LITERACY LIVING COSTS LOAN LOAN INSURANCE LOAN REPAYMENT LOANS FROM FAMILY LONG-TERM GOALS LOW INCOME LOW INCOMES LOW-INCOME LOW-INCOME INDIVIDUALS LOWER INCOME LOWER-INCOME INDIVIDUALS MARKETING MASS MEDIA MICROFINANCE MICROFINANCE INSTITUTIONS MICROINSURANCE MIGRANT WORKERS MONEY MANAGEMENT MONEY MANAGERS MONEY MATTERS MONTHLY INCOME MORTGAGE MORTGAGE CREDIT MORTGAGE LOAN MUTUAL FUNDS OTHER ASSETS OUTREACH PAWN PAWN SHOP PAWN SHOPS PENSION PENSION ACCOUNTS PENSIONS PERSONAL FINANCE POINT-OF-SALE PREDATORY LENDING PRIMARY EDUCATION PRIMARY SAVINGS PROSPERITY PUBLIC CREDIT PUBLIC FINANCE PUBLIC SCHOOL QUESTIONNAIRE REMITTANCES REPAYMENT RETIRED RETIREMENT RETIREMENT ACCOUNT RETIREMENT ACCOUNTS RETIREMENT AGE RETIREMENT PLANNING SALE SAVERS SAVING BEHAVIOR SAVINGS SAVINGS ACCOUNT SAVINGS ACCOUNTS SAVINGS FOR RETIREMENT SAVINGS MECHANISM SAVINGS PRODUCT SAVINGS PRODUCTS SAVINGS SERVICES SECONDARY EDUCATION SECURITIES SOCIAL ASSISTANCE SOCIAL SECURITY SOUND FINANCIAL DECISION SOUND FINANCIAL DECISIONS SOURCE OF INFORMATION SOURCES OF CREDIT STAKEHOLDERS SUBSIDIARY TRADITIONAL BANKING UNEXPECTED EXPENSE UNEXPECTED EXPENSES URBAN AREAS VALUABLE VALUE OF MONEY VOLUNTARY SAVING WOMAN YOUNG ADULTS |
| spellingShingle |
ABILITY OF CONSUMERS ACCESS POINTS ACCESS TO FINANCE ACCESSIBILITY AMOUNT OF MONEY AUTOMATIC DEDUCTIONS BANK ACCOUNTS BANK BRANCH BANK BRANCHES BANK CREDIT BANKING SERVICES BANKS BORROWING BORROWING MONEY BUDGETING CALCULATION CALCULATIONS CAR LOAN CAR LOANS COMPOUND INTEREST CONCEPT OF COMPOUND INTEREST CONSUMER CONSUMER NEEDS CONSUMER PROTECTION CONSUMERS CONTRIBUTIONS COOPERATIVES CREDIT ASSOCIATIONS CREDIT CARD CREDIT CARD USE CREDIT CARDS CREDIT PRODUCTS CURRICULA DAILY EXPENSES DAY-TO-DAY MONEY MANAGEMENT DEBT DEBT BURDEN DEBT LOADS DEBTORS DEBTS DEPOSIT DEPOSIT ACCOUNTS DEVELOPMENT BANK DEVELOPMENT BANKS DIVERSIFICATION ECONOMIC SHOCKS EDUCATION DEVELOPMENT EDUCATION LEVEL EDUCATION LEVELS EDUCATION TRUST EDUCATIONAL ATTAINMENT EMPLOYEE EMPLOYER EMPLOYER PENSION EMPLOYMENT EXCESSIVE DEBT FAMILIES FAMILY MEMBER FINANCIAL ACCESS FINANCIAL ASSETS FINANCIAL BEHAVIOR FINANCIAL BEHAVIORS FINANCIAL CHOICES FINANCIAL CONCEPTS FINANCIAL CONSUMERS FINANCIAL CRISIS FINANCIAL DATA FINANCIAL DECISION FINANCIAL DECISIONS FINANCIAL EDUCATION FINANCIAL EDUCATION INITIATIVES FINANCIAL EDUCATION PROGRAMS FINANCIAL INFRASTRUCTURE FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL INTERMEDIARIES FINANCIAL INTERMEDIARY FINANCIAL INVESTMENTS FINANCIAL KNOWLEDGE FINANCIAL LITERACY FINANCIAL LITERACY SURVEY FINANCIAL LITERACY TRAINING FINANCIAL LIVES FINANCIAL MANAGERS FINANCIAL MATTERS FINANCIAL PLANNING FINANCIAL PLANS FINANCIAL PRODUCT FINANCIAL PRODUCTS FINANCIAL SERVICE FINANCIAL SERVICES FINANCIAL SITUATIONS FINANCIAL STABILITY FINANCIAL SUPPORT FORMAL FINANCIAL INSTITUTION FORMAL FINANCIAL SERVICES FORMAL SAVINGS GENDER GOVERNMENT PENSION HEAD OF HOUSEHOLD HEALTH INSURANCE HOUSEHOLD EXPENDITURE HOUSEHOLD EXPENSES HOUSEHOLD FINANCES HOUSEHOLD FINANCIAL DECISION HOUSEHOLD FINANCIAL DECISION MAKING HOUSEHOLD FINANCIAL DECISIONS HOUSEHOLD FINANCIAL MANAGEMENT HOUSEHOLD INCOMES HOUSEHOLDS HOUSEWIVES INCOME INCOME GROUP INCOME GROUPS INCOME LEVEL INCOME LEVELS INCOME SOURCE INDIVIDUAL SAVINGS INFLATION INFORMAL BORROWING INFORMAL CREDIT INFORMAL ECONOMY INFORMAL LOANS INFORMAL SAVINGS INFORMAL WORKERS INFORMATION SYSTEM INHERITANCE INSURANCE INTEREST RATE INTEREST RATES INTERNATIONAL BANK JOB LOSS KEY CHALLENGES KNOWLEDGE LEVELS LABOR FORCE LESS FINANCIALLY LITERATE LEVEL OF CONFIDENCE LIFE EVENT LIFE EVENTS LIFE-CYCLE EVENTS LITERACY LIVING COSTS LOAN LOAN INSURANCE LOAN REPAYMENT LOANS FROM FAMILY LONG-TERM GOALS LOW INCOME LOW INCOMES LOW-INCOME LOW-INCOME INDIVIDUALS LOWER INCOME LOWER-INCOME INDIVIDUALS MARKETING MASS MEDIA MICROFINANCE MICROFINANCE INSTITUTIONS MICROINSURANCE MIGRANT WORKERS MONEY MANAGEMENT MONEY MANAGERS MONEY MATTERS MONTHLY INCOME MORTGAGE MORTGAGE CREDIT MORTGAGE LOAN MUTUAL FUNDS OTHER ASSETS OUTREACH PAWN PAWN SHOP PAWN SHOPS PENSION PENSION ACCOUNTS PENSIONS PERSONAL FINANCE POINT-OF-SALE PREDATORY LENDING PRIMARY EDUCATION PRIMARY SAVINGS PROSPERITY PUBLIC CREDIT PUBLIC FINANCE PUBLIC SCHOOL QUESTIONNAIRE REMITTANCES REPAYMENT RETIRED RETIREMENT RETIREMENT ACCOUNT RETIREMENT ACCOUNTS RETIREMENT AGE RETIREMENT PLANNING SALE SAVERS SAVING BEHAVIOR SAVINGS SAVINGS ACCOUNT SAVINGS ACCOUNTS SAVINGS FOR RETIREMENT SAVINGS MECHANISM SAVINGS PRODUCT SAVINGS PRODUCTS SAVINGS SERVICES SECONDARY EDUCATION SECURITIES SOCIAL ASSISTANCE SOCIAL SECURITY SOUND FINANCIAL DECISION SOUND FINANCIAL DECISIONS SOURCE OF INFORMATION SOURCES OF CREDIT STAKEHOLDERS SUBSIDIARY TRADITIONAL BANKING UNEXPECTED EXPENSE UNEXPECTED EXPENSES URBAN AREAS VALUABLE VALUE OF MONEY VOLUNTARY SAVING WOMAN YOUNG ADULTS Reddy, Rekha Bruhn, Miriam Tan, Congyan Financial Capability in Mexico : Results from a National Survey on Financial Behaviors, Attitudes, and Knowledge |
| geographic_facet |
Latin America & Caribbean Mexico |
| description |
This report describes a baseline measure
of the financial capability of the Mexican adult population.
Chapter one describes the Mexican context and the rationale
for the financial capability study. Chapter two describes
key findings related to daily money management and financial
planning behaviors and attitudes. Chapter three examines
decisions related to the use of financial products and level
of financial knowledge. Chapter four summarizes key
behaviors and attitudes into financial capability scores,
facilitating the creation of profiles and comparisons among
different segments of the population. Chapter five presents
international comparisons. Chapter six examines the
relationship between financial capability, financial
knowledge, and financial inclusion. Chapter seven provides
policy recommendations related to the key challenges to
financial capability identified in the report. |
| format |
Economic & Sector Work :: Other Financial Sector Study |
| author |
Reddy, Rekha Bruhn, Miriam Tan, Congyan |
| author_facet |
Reddy, Rekha Bruhn, Miriam Tan, Congyan |
| author_sort |
Reddy, Rekha |
| title |
Financial Capability in Mexico : Results from a National Survey on Financial Behaviors, Attitudes, and Knowledge |
| title_short |
Financial Capability in Mexico : Results from a National Survey on Financial Behaviors, Attitudes, and Knowledge |
| title_full |
Financial Capability in Mexico : Results from a National Survey on Financial Behaviors, Attitudes, and Knowledge |
| title_fullStr |
Financial Capability in Mexico : Results from a National Survey on Financial Behaviors, Attitudes, and Knowledge |
| title_full_unstemmed |
Financial Capability in Mexico : Results from a National Survey on Financial Behaviors, Attitudes, and Knowledge |
| title_sort |
financial capability in mexico : results from a national survey on financial behaviors, attitudes, and knowledge |
| publisher |
World Bank, Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2013/11/18523527/financial-capability-mexico-results-national-survey-onbrfinancial-behaviors-attitudes-knowledge-financial-capability-mexico-results-national-survey-financial-behaviors-attitudes-knowledge http://hdl.handle.net/10986/16756 |
| _version_ |
1764434408223277056 |
| spelling |
okr-10986-167562021-04-23T14:03:32Z Financial Capability in Mexico : Results from a National Survey on Financial Behaviors, Attitudes, and Knowledge Reddy, Rekha Bruhn, Miriam Tan, Congyan ABILITY OF CONSUMERS ACCESS POINTS ACCESS TO FINANCE ACCESSIBILITY AMOUNT OF MONEY AUTOMATIC DEDUCTIONS BANK ACCOUNTS BANK BRANCH BANK BRANCHES BANK CREDIT BANKING SERVICES BANKS BORROWING BORROWING MONEY BUDGETING CALCULATION CALCULATIONS CAR LOAN CAR LOANS COMPOUND INTEREST CONCEPT OF COMPOUND INTEREST CONSUMER CONSUMER NEEDS CONSUMER PROTECTION CONSUMERS CONTRIBUTIONS COOPERATIVES CREDIT ASSOCIATIONS CREDIT CARD CREDIT CARD USE CREDIT CARDS CREDIT PRODUCTS CURRICULA DAILY EXPENSES DAY-TO-DAY MONEY MANAGEMENT DEBT DEBT BURDEN DEBT LOADS DEBTORS DEBTS DEPOSIT DEPOSIT ACCOUNTS DEVELOPMENT BANK DEVELOPMENT BANKS DIVERSIFICATION ECONOMIC SHOCKS EDUCATION DEVELOPMENT EDUCATION LEVEL EDUCATION LEVELS EDUCATION TRUST EDUCATIONAL ATTAINMENT EMPLOYEE EMPLOYER EMPLOYER PENSION EMPLOYMENT EXCESSIVE DEBT FAMILIES FAMILY MEMBER FINANCIAL ACCESS FINANCIAL ASSETS FINANCIAL BEHAVIOR FINANCIAL BEHAVIORS FINANCIAL CHOICES FINANCIAL CONCEPTS FINANCIAL CONSUMERS FINANCIAL CRISIS FINANCIAL DATA FINANCIAL DECISION FINANCIAL DECISIONS FINANCIAL EDUCATION FINANCIAL EDUCATION INITIATIVES FINANCIAL EDUCATION PROGRAMS FINANCIAL INFRASTRUCTURE FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL INTERMEDIARIES FINANCIAL INTERMEDIARY FINANCIAL INVESTMENTS FINANCIAL KNOWLEDGE FINANCIAL LITERACY FINANCIAL LITERACY SURVEY FINANCIAL LITERACY TRAINING FINANCIAL LIVES FINANCIAL MANAGERS FINANCIAL MATTERS FINANCIAL PLANNING FINANCIAL PLANS FINANCIAL PRODUCT FINANCIAL PRODUCTS FINANCIAL SERVICE FINANCIAL SERVICES FINANCIAL SITUATIONS FINANCIAL STABILITY FINANCIAL SUPPORT FORMAL FINANCIAL INSTITUTION FORMAL FINANCIAL SERVICES FORMAL SAVINGS GENDER GOVERNMENT PENSION HEAD OF HOUSEHOLD HEALTH INSURANCE HOUSEHOLD EXPENDITURE HOUSEHOLD EXPENSES HOUSEHOLD FINANCES HOUSEHOLD FINANCIAL DECISION HOUSEHOLD FINANCIAL DECISION MAKING HOUSEHOLD FINANCIAL DECISIONS HOUSEHOLD FINANCIAL MANAGEMENT HOUSEHOLD INCOMES HOUSEHOLDS HOUSEWIVES INCOME INCOME GROUP INCOME GROUPS INCOME LEVEL INCOME LEVELS INCOME SOURCE INDIVIDUAL SAVINGS INFLATION INFORMAL BORROWING INFORMAL CREDIT INFORMAL ECONOMY INFORMAL LOANS INFORMAL SAVINGS INFORMAL WORKERS INFORMATION SYSTEM INHERITANCE INSURANCE INTEREST RATE INTEREST RATES INTERNATIONAL BANK JOB LOSS KEY CHALLENGES KNOWLEDGE LEVELS LABOR FORCE LESS FINANCIALLY LITERATE LEVEL OF CONFIDENCE LIFE EVENT LIFE EVENTS LIFE-CYCLE EVENTS LITERACY LIVING COSTS LOAN LOAN INSURANCE LOAN REPAYMENT LOANS FROM FAMILY LONG-TERM GOALS LOW INCOME LOW INCOMES LOW-INCOME LOW-INCOME INDIVIDUALS LOWER INCOME LOWER-INCOME INDIVIDUALS MARKETING MASS MEDIA MICROFINANCE MICROFINANCE INSTITUTIONS MICROINSURANCE MIGRANT WORKERS MONEY MANAGEMENT MONEY MANAGERS MONEY MATTERS MONTHLY INCOME MORTGAGE MORTGAGE CREDIT MORTGAGE LOAN MUTUAL FUNDS OTHER ASSETS OUTREACH PAWN PAWN SHOP PAWN SHOPS PENSION PENSION ACCOUNTS PENSIONS PERSONAL FINANCE POINT-OF-SALE PREDATORY LENDING PRIMARY EDUCATION PRIMARY SAVINGS PROSPERITY PUBLIC CREDIT PUBLIC FINANCE PUBLIC SCHOOL QUESTIONNAIRE REMITTANCES REPAYMENT RETIRED RETIREMENT RETIREMENT ACCOUNT RETIREMENT ACCOUNTS RETIREMENT AGE RETIREMENT PLANNING SALE SAVERS SAVING BEHAVIOR SAVINGS SAVINGS ACCOUNT SAVINGS ACCOUNTS SAVINGS FOR RETIREMENT SAVINGS MECHANISM SAVINGS PRODUCT SAVINGS PRODUCTS SAVINGS SERVICES SECONDARY EDUCATION SECURITIES SOCIAL ASSISTANCE SOCIAL SECURITY SOUND FINANCIAL DECISION SOUND FINANCIAL DECISIONS SOURCE OF INFORMATION SOURCES OF CREDIT STAKEHOLDERS SUBSIDIARY TRADITIONAL BANKING UNEXPECTED EXPENSE UNEXPECTED EXPENSES URBAN AREAS VALUABLE VALUE OF MONEY VOLUNTARY SAVING WOMAN YOUNG ADULTS This report describes a baseline measure of the financial capability of the Mexican adult population. Chapter one describes the Mexican context and the rationale for the financial capability study. Chapter two describes key findings related to daily money management and financial planning behaviors and attitudes. Chapter three examines decisions related to the use of financial products and level of financial knowledge. Chapter four summarizes key behaviors and attitudes into financial capability scores, facilitating the creation of profiles and comparisons among different segments of the population. Chapter five presents international comparisons. Chapter six examines the relationship between financial capability, financial knowledge, and financial inclusion. Chapter seven provides policy recommendations related to the key challenges to financial capability identified in the report. 2014-01-30T20:55:18Z 2014-01-30T20:55:18Z 2013-11 http://documents.worldbank.org/curated/en/2013/11/18523527/financial-capability-mexico-results-national-survey-onbrfinancial-behaviors-attitudes-knowledge-financial-capability-mexico-results-national-survey-financial-behaviors-attitudes-knowledge http://hdl.handle.net/10986/16756 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Economic & Sector Work :: Other Financial Sector Study Economic & Sector Work Latin America & Caribbean Mexico |