Abstract
This study investigates how financial education at home and school influences the financial behavior of married men and women in terms of asset formation and management. The author commissioned a research company to conduct a web survey in December 2021, targeting 2,000 married individuals aged 35-55 in Japan and 600 in Norway. The results showed that Japanese couples had lower individual incomes and financial assets compared to Norwegian couples, and the total household financial assets were also lower. Regarding asset management, many Japanese respondents, both men and women, reported not engaging in asset management, while many Norwegian respondents reported managing assets together as a couple. The number of respondents who had received financial education at school or work was 3.7 times higher in Norway than in Japan, highlighting the lack of financial education opportunities in Japan. The presence or absence of financial education significantly affected income, awareness of the need for asset management, and life planning, supporting previous research. Furthermore, those with financial education experience had more frequent discussions about savings and stocks with their parents. Financial education experience may have promoted conversations about savings and investments between parents and children at home.
Author Information
Junko Sano, Tokyo Kasei Gakuin University, Japan
Paper Information
Conference: IICE2025
Stream: Learning Experiences
This paper is part of the IICE2025 Conference Proceedings (View)
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To cite this article:
Sano J. (2025) The Impact of Financial Education at Home and School on Asset Formation Among Married Men and Women: A Comparison Between Japan and Norway ISSN: 2189-1036 – The IAFOR International Conference on Education – Hawaii 2025 Official Conference Proceedings (pp. 521-530) https://doi.org/10.22492/issn.2189-1036.2025.44
To link to this article: https://doi.org/10.22492/issn.2189-1036.2025.44
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