Background: Achieving organizational objectives depends on the effectiveness of administrators. However, managerial efficacy largely depends on the knowledge and skills of managers. This study aimed at assessing the skills of financial and budget management of the Ministry of Health from the perspective of resource development assistants of universities of medical sciences na...

BACKGROUND There is a strong association between mental health problems and financial difficulties. Therefore, people who work with those who have financial difficulties (financial counsellors and financial institution staff) need to have knowledge and helping skills relevant to mental health problems. Conversely, people who support those with mental health problems (mental health professionals...

Financial planning in Australia is moving away from its traditional characterisation as an “industry” and towards a “profession”. A key feature of any profession is an educational framework that facilitates the development of technical knowledge and generic skills by students so that they can successfully transition into the workplace. The Australian Securities and Investments Commission (ASIC)...

There is ample empirical evidence documenting widespread financial illiteracy and limited pension knowledge. At the same time, the net worth distribution is heavily dispersed and many workers arrive on the verge of retirement with little or no personal wealth. This paper is the first to investigate the relation between financial sophistication and household net worth relying on specific measure...

Many nurse executives and managers have had to learn financial management skills, including planning, controlling, implementing, and analyzing departmental budgets, on the job. In today's healthcare environment, organizations are becoming aware of the value of hiring nurse executives who can speak the financial language and employ financial skills to operate their areas. As more and more nurses...

Drawing on the model on financial planning for retirement (FPR), the aim of this work is to explore how parental economic socialization both directly and indirectly affects FPR through the mediation of financial literacy, financial planning decisions and financial management. Data from a sample of 280 participants aged between 45 and 63 years were used. The results show that parental economic s...

The significance of early financial literacy and management abilities for economic development is the subject this research paper. study identifies challenges opportunities promoting at a young age advantages education individuals society. According to findings, children adolescents can boost growth stability enhance outcomes like increased wealth security. However, providing faces difficulties...