In this paper, we consider the choice of financial products from the standpoint of the consumer citizenship. It is difficult to say that in Japan, consumers have an awareness of the consumer citizenship when selecting financial products and financial services. For more consumers to select financial products with an awareness of the consumer citizenship, it is necessary for the number of households that do not hold financial assets to decrease, the quality of financial products to improve, and consumers’ attitudes towards the holding of risk assets to change. This paper states that to facilitate these changes, the provision of education on how to reduce the information gap between consumers and the service providers and the education of consumers on the management of their income and expenditures are necessary. It is considered that analyzing and studying issues in the financial system and corporate activities would raise people’s interest in finance and business activities, resulting in a narrowing of the information gap between consumers and financial service providers.
This paper focuses on the role of information in choosing goods and services properly from the viewpoint of consumer education. Recently in consumer education, the idea of consumer citizenship and realize the consumer citizenship society become very important. In this paper we use the theory of “Socio-organic System” in order to clarify the role of information in consumer citizenship society. “Socio-organic Systems” are combined by several small and big systems. And there are three conditions for systems to be sustainable, such as metabolism, relationship, and autonomy. As for information, it has three roles such as decision making, development of human beings and communication. Information is closely related to the development and formation of the inner-world of human-beings. The inner-world embodies one’s lifestyle. So lifestyle is said to be determined by information. For realizing the sustainable society and consumer citizenship society, we need to have both information processing ability and communication ability.
We analyze the questionnaire survey on financial education, answered by university students in five East-Asia countries. It asks (1) recognition, image, necessity, necessary field of financial education, (2) financial knowledge and behavior and the relationship between the two, (3) sources of financial information (4) experience, effectiveness, field of financial education at school, (5) experience, effectiveness and field of financial education at family. We analyze the survey data by method of cross-tabulation of each country focusing on Japanese students.
We analyze the Questionnaire survey answered by over seven-hundred students from ten universities in Japan. It asks the knowledge and behavior of the students about the personal finance. Because our final goal is to identify the right contents to teach our students the personal finance to cope with the complicated modern financial economy without trouble, to understand the students is the first step to approach our goal. The data are analyzed by various methods, including factor analysis and OLS estimations with various controls variables. One of our results suggests it is more important to teach our students the knowledge of securities like stocks, bonds, and risks, credit cards, loans, and the troubles in the finance than any other subjects.
This article discussed about Sharing Economy and its impact to Household Management.
Sharing Economy is to rise in recent years internationally, but realistically start moving even in the last few years in Japan. I analyze the whole picture, classification, or historical position, also what kind of impact in household management of the future of the individual and the family.