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April 30, 2026The Journal of the Korea Contents AssociationOpen Access

Financial Literacy Needs Analysis of the Elderly in Gyeonggi Province : Differences in City Size and Income Level

Miok Kim Chunok Kim Pilhun Kim Mijung Gu Byeongcheol Yim 이재은

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Key Points

This research aims to analyze the financial literacy education needs of the elderly in Gyeonggi Province, focusing on factors like city size and income level.
Survey conducted with 617 elderly residents aged 60 and above
Applied Borich needs assessment and Locus for Focus model
Comparison of financial literacy needs based on income levels and city sizes.
Overall high demand for education in financial knowledge and behavior was found
Low-income individuals showed high needs for basic financial knowledge and everyday financial actions
High-income individuals exhibited greater needs for understanding financial products and asset management.

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Implication

Analyzes financial literacy needs in the elderly, suggesting focused educational programs are necessary.

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Cite This Study

Kim et al. (2026) studied this question.

synapsesocial.com/papers/6a04141c79e20c90b444456e https://doi.org/10.5392/jkca.2026.26.04.606

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