Sustainable Financial Education and Consumer Life Satisfaction

摘要: Sustainable financial education is defined as the continuous input of money and time on knowledge after formal schooling. The purpose this paper to examine impact sustainable consumer life satisfaction. Utilizing dataset Household Consumer Finance Chinese Urban Residents in 2012 by China Financial Research Center Tsinghua University, variable constructed through variables necessity education, spent education. To improve estimation results, order probit regression utilized. results indicate that significantly positive satisfaction only for a with higher Consumers who regard be high will feel more satisfied. also show consumers spend schooling Moreover, impacts are verified. In addition, study provides empirical evidence suggests positively contributes have implications policymakers take measures enhancing