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Journals / Sosyoekonomi / 2026 / Cilt: 34 Sayı: 67

The Impact of Financial Literacy on Consumption Expenditures and Financial Well-being in Late Adulthood

İleri Yetişkinlikte Finansal Okuryazarlığın Tüketim Harcamaları ve Finansal Refaha Etkisi

Eren Temel(AYDIN ADNAN MENDERES ÜNİVERSİTESİ)0000-0003-1938-4836
Çağrı Köroğlu(AYDIN ADNAN MENDERES ÜNİVERSİTESİ)0000-0003-4073-1847
Mehmet Anbarcı(AYDIN ADNAN MENDERES ÜNİVERSİTESİ)0000-0002-1203-6620
Pages
609–641
Publication Date
2026-01-31
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

It was found that women and participants in low-education and low-income groups exhibited lower levels of these variables.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:This study aims to examine the levels of financial literacy (including financial competency and behaviour), spending self-control, and financial well-being among advanced adults in Türkiye, and to identify the relationships among these variables.
📊
Key Findings & Data:For this purpose, data collected from 426 participants via convenience sampling were analysed.
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Conclusion & Impact:It was found that women and participants in low-education and low-income groups exhibited lower levels of these variables.
🔬Design:Araştırma Makalesi
📍Scope:Comprehensive Sample
⚙️Variables:Finansal Gerontoloji · Finansal Okuryazarlık · Finansal Refah

Abstract

This study aims to examine the levels of financial literacy (including financial competency and behaviour), spending self-control, and financial well-being among advanced adults in Türkiye, and to identify the relationships among these variables. For this purpose, data collected from 426 participants via convenience sampling were analysed. According to the findings, participants exhibit low-to-moderate levels of financial literacy, spending control, and well-being. It was found that women and participants in low-education and low-income groups exhibited lower levels of these variables. Relational analyses showed that the effect of financial competency on self-control spending was not significant, whereas the impact of financial behaviour was significant. Both financial competency and financial behaviour were found to contribute significantly to financial well-being.

Özet

Bu çalışmanın amacı Türkiye’de ileri yetişkin bireylerin finansal okuryazarlık (finansal yeterlilik ve davranış), harcama öz kontrol ve finansal refah düzeylerini ortaya koymak; bu değişkenler arasındaki ilişkileri tespit etmektir. Bu amaçla uygun örnekleme yöntemi kapsamında erişilen 426 katılımcıdan toplanan veriler analiz edilmiştir. Bulgulara göre katılımcılar finansal okuryazarlık, harcama kontrolü ve refah açısından düşük-orta düzeydedir. Kadınlar, düşük eğitim ve düşük gelir grubundaki katılımcıların değişkenler bakımından daha düşük düzeyde oldukları bulunmuştur. İlişkisel analizler, finansal yeterliliğin harcama öz kontrol üzerindeki etkisinin anlamlı olmadığını, ancak finansal davranışın etkisinin anlamlı olduğunu göstermiştir. Hem finansal yeterliliğin hem de finansal davranışın finansal refaha anlamlı ölçüde katkıda bulunduğu anlaşılmıştır.

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Cite This Article

Temel, E., Köroğlu, Ç., Anbarcı, M. (2026). The Impact of Financial Literacy on Consumption Expenditures and Financial Well-being in Late Adulthood. Sosyoekonomi, Cilt: 34 Sayı: 67, 609–641. https://doi.org/10.17233/sosyoekonomi.2026.01.25

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