Research On The Impact Of Financial Literacy On The Structure Of Household Financial Assets

After the implementation of the reform and opening-up policy,the scale of China's family economy has been significantly improved,and the number of financial market institutions and products is increasing,which provides the basic conditions for the choice of family financial assets.The structure of household financial assets has a significant impact on the financial well-being of individual residents and their families.However,most families in China have insufficient financial knowledge reserve and low level of financial literacy.In the face of a wide range of complex financial instruments and financial products,it is easy to blindly and impulsively choose the types of financial assets and adjust the family financial assets.Therefore,it is of great significance to clarify the relationship between financial literacy and family financial asset structure to reduce family financial risks and increase financial asset returns.At the government level,the government is increasingly concerned about people's livelihood.In order to improve people's income level and narrow the income gap,the poverty alleviation project is the first livelihood project of the 135 plan,aiming to improve people's happiness and break the growth dilemma of "happiness stagnation".This paper studies the impact of financial literacy on household financial asset structure.Firstly,through descriptive statistical analysis of household financial literacy in different accounts,different regions and different wealth scales,we can more directly and accurately see the distribution of household financial literacy inChina.Secondly,we use statistical analysis software to empirically analyze the impact of financial literacy on household financial asset structure On the other hand,through empirical analysis of the impact of financial literacy of urban and rural residents,residents in different regions and residents with different wealth levels on the structure of family financial assets and the accumulation of family assets,a more systematic and comprehensive understanding of the impact of urban and rural,regional and wealth differences.It can provide theoretical guidance and basis for the improvement of household well-being,stability of financial market and healthy development.