Numeracy Practices in Older Age

Abstract

Abstract Demographic change renders basic skills important at an increasingly older age. Among them, skills in financial matters are becoming increasingly relevant. The skills measured in PIAAC and CiLL represent comprehensive cognitive abilities which can be seen as the basis for successful participation in social and economic life. Based on a secondary analysis, this paper shows that financial practices remain for older people, although their numeracy skills proficiency lower than those of younger people. The analysis clearly shows a gender difference in dealing with financial matters: men handle bills and bank statements, women manage the household.

Keywords

• Numeracy
• Practices
• Basic Skills
• Financial Literacy
• Large-Scale Assessment