RELATIONSHIP BETWEEN FINANCIAL INFORMATION LEVEL AND FINANCIAL PARTICIPATION LEVEL OF INDIVIDUALS: A RESEARCH IN TR 90 REGION

The purpose of this study is to determine the impact and relationship between the level of financial information and the level of financial participation of individuals. Fort this purpose, a scale developed by the Organization for Economic Development and Cooperation (OECD) was used on 480 people working in various business lines in the TR 90 region (Trabzon, Gumushane, Artvin, Ordu, Giresun, Rize). The questionnaire form was simplified and variables were used to determine the level of demographic information, financial information and financial participation. The data were analyzed in the SPSS 21 software. Regression and Chi-square tests were used in the study. As a result of the study, it was determined that the level of financial information of the individuals does not affect the level of financial participation. Besides, it was determined that both the financial knowledge and the financial information of the individuals are low. In the study it was also found a significant relationship between the level of income and the level of financial information of individual