본문 바로가기
  • Home

The Financial Literacy of the Deaf and the Reality of their Financial Management

  • Journal of Special Education: Theory and Practice
  • Abbr : JSPED
  • 2009, 10(3), pp.1-15
  • Publisher : Research Institute of the Korea Special Education
  • Research Area : Social Science > Education

전은수 1 Byeong Chen Yoon 1

1나사렛대학교

Accredited

ABSTRACT

This study aims to find ways to increase the financial literacy of the deaf and to assist in their financial stability with educational approaches by investigating financial literacy of the deaf and the reality of their financial management. 215 deaf people over 20 years old, randomly chosen through various associations of the deaf in Korea, have participated in the survey, and the results are as follows: First, the financial literacy was generally higher as the education level of the participant was higher. In order to measure the detailed financial literacy of the deaf, the levels were divided into seven sub-sections and were analyzed accordingly. It was shown that three sub-sections were low with 30% in their financial literacy, two sections were comparatively higher with 70% and two other sections resulted in 50-60%. Second, in the analysis of the reality of financial management of the deaf, people with higher education background showed higher understanding of financial management. But overall, the ratio of excess expenditure against income have turned out to be generally high among the deaf, and they tend to get the financial management related information through the internet and friends. Therefore, in order to increase the financial literacy of the deaf, various educational approaches suitable to different levels and areas are most needed. A more regular and systematic approach for financial education is thus required.

Citation status

* References for papers published after 2022 are currently being built.