Financial literacy (basic and advanced), fintech and income levels
| IVs | Fintech | Income levels |
|---|---|---|
| (1) | (2) | |
| Basic financial literacy | 0.290 | 0.336** |
| (1.02) | (2.139) | |
| Advanced financial literacy | 0.869** | 0.763*** |
| (2.384) | (3.768) | |
| Control variables | Yes | Yes |
| Intercept | 2.071*** | 1.787*** |
| Adjusted R2 | 0.081 | 0.106 |
| F Change | 5.926*** | 6.924*** |
| Df | 8 | 9 |
| IVs | Fintech | Income levels |
|---|---|---|
| (1) | (2) | |
| Basic financial literacy | 0.290 | 0.336** |
| (1.02) | (2.139) | |
| Advanced financial literacy | 0.869** | 0.763*** |
| (2.384) | (3.768) | |
| Intercept | 2.071*** | 1.787*** |
| Adjusted | 0.081 | 0.106 |
| 5.926*** | 6.924*** | |
| Df | 8 | 9 |
Note(s): ***: p < 1%; **: p < 5%, *: p < 10%. Dependent variable: fintech usage and income levels. t-test in the parenthesis. Method applied: OLS
Source(s): Authors’ own work