Exploring Financial Literacy And Its Influencing Factors Based On PISA(2015) Data

The era of global economic development has come.To improve the financial literacy of the people has become an urgent task for education in countries around the world.Especially in the youth stage,how to effectively strengthen the financial and literacy education for primary and middle school students has become an important issue in the middle school education.At present,foreign developed countries pay attention to the cultivation of financial literacy earlier,and have achieved certain results in both theoretical and educational practice.China's financial literacy education is still in its infancy,and research on financial literacy education is still in foreign countries.References to existing literature studies,and research on financial literacy strategies.Therefore,this study aims to improve China's financial literacy theory and make decisions in the school's financial education practices.This study uses a combination of literature analysis,descriptive research,confirmatory research,and mathematical statistics,and pays particular attention to the use of scientific analysis that combines statistical and inferential statistics.This study is based on the financial literacy figures of 15-year-olds from various countries and regions in the 2015 international PISA project.It describes the status of financial literacy among different countries.It describes the difference in the status of each student in each dimension.Through the analysis of the status,the influencing factors of financial literacy can be preliminarily determined,and then further statistical software R.2.15.3 is used to conduct correlation analysis,principal component analysis,and confirmatory factor factor analysis to finally determine the impact factor,and the related The factors are ranked from high to low;the main conclusions of this study are:(1)There is a weak correlation between the country's economic and social status and financial literacy,and there is a linear correlation between the per capita GDP of countries and the number of financial products and financial literacy.(2)There are significant differences in the performance of students in different countries in different countries.Among financial knowledge and comprehension dimensions,the performance of financial literacy of students from various countries is related to students' three subjects: science,mathematics,and language reading;and in the dimension of financial responsibility and attitude,the financial literacy performance of students from different countries discusses the frequency of financial issues with parents.There is a nonlinear correlation;in the dimensions of financial literacy skills and behavior,the performance of financial literacy among students in each country is linearly related to whether they have a bank account.(3)Several factors affecting the financial literacy of adolescents are: reading literacy,scientific literacy,internal and external mathematical literacy,parental education,parental property social status,school teaching practice,computer use frequency,and learning environment,and the degree of influence is weakened in turn.