Empirical Research in Vocational Education and Training welcomes submissions to the new thematic series on Assessing Financial Literacy as a Basis for Designing and Evaluating Interventions in Vocational and Adult Education and Training.
Financial literacy—the ability to deal with money and financial matters reasonably—is becoming more essential in everyday life. Its increasing importance is mainly driven by socioeconomic trends, such as structural changes in the financial and labour markets and the decline of the welfare state, and by demographic changes. These trends impose challenges on citizens that cannot be tackled by family socialisation and everyday experience alone. In contrast, they demand education or training intervention, such as instruction, counselling/coaching and information provision via the media.