Abstract
A questionnaire survey was conducted with approximately 5,500 high school students in Okayama Prefecture regarding their knowledge of finance (financial literacy), followed by an empirical analysis of the survey results. Since the survey was carried out with the cooperation of the high schools, the sample bias is small in that the respondents were not limited to those who actively chose to respond. The first part of the survey involved questions that measured the respondents’ level of financial literacy, while the second part addressed the respondents’ attitudes and patterns of behavior (i.e., lifestyle). An investigation of the connection between the two made it clear that respondents who were uncertain about attending university or had no clear plans for the future workstyle tended to have lower levels of financial literacy. The importance of financial and economic education that gives consideration to individual lifestyles is suggested.
