Financial literacy among autistic adults

Financial literacy is highly correlated to long‐term positive economic outcomes. Research examining the financial literacy of autistic adults is virtually nonexistent which is concerning given the implications of financial decision‐making for quality of life. This study assessed conceptual understan...

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Bibliographic Details
Published in:The Journal of consumer affairs 2023-10, Vol.57 (4), p.1650-1683
Main Authors: Galizzi, Monica, Hillier, Ashleigh, Schena, David
Format: Article
Language:English
Subjects:
Adults
Autism
disability
Economic research
Financial literacy
Learning
Literacy programs
People with disabilities
Quality of life
Uncertainty
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Summary:Financial literacy is highly correlated to long‐term positive economic outcomes. Research examining the financial literacy of autistic adults is virtually nonexistent which is concerning given the implications of financial decision‐making for quality of life. This study assessed conceptual understanding and financial behaviors of autistic adults compared with a matched group of nonautistic adults. An online questionnaire assessed income, use of financial tools, feelings toward finances, use of financial literacy programs, financial knowledge, and preference for receiving financial education. The findings indicated that autistic adults showed lower financial literacy and greater uncertainty around many financial issues. They were less confident in their financial knowledge and ability to deal with daily financial matters. The autistic group showed less liking for some specific learning tools for receiving financial education. Our findings inform efforts to design specific curricula to improve the financial knowledge and understanding of autistic and other neurodiverse populations.
ISSN:0022-0078
1745-6606
DOI:10.1111/joca.12564