journal article
Mar 30, 2026
The Effect of Financial Literacy Levels on Gambling Behaviour
Abstract
This study examines how financial literacy relates to gambling behaviour in a Turkish adult sample. Using a cross sectional, face to face survey (N = 182), we assessed gambling severity (SOGS) and a multidimensional financial literacy scale (FL). Spearman analyses indicated a small, borderline inverse association between FL Total and SOGS (ρ = −0.140, p = .059), while the Fundamentals of Finance (FF) subscale showed a significant negative correlation (ρ = −0.188, p = .011). Education and income were associated with differences in outcomes: lower education and lower income groups tended to report higher SOGS and lower FL. Gender and age did not differ on SOGS or FL Total; contrasts appeared only for the Cryptocurrencies/Digital Assets (CDA) subscale (men and younger adults scored higher). In the sample, 40.1% had ever gambled and 2.7% met the pathological threshold. Overall, the correlational pattern points to a modest inverse co variation between core financial skills and gambling severity in this dataset; causal inferences are not warranted. Limitations include cross sectional design and self report measures.
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Citations
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References
Details
- Published
- Mar 30, 2026
- Vol/Issue
- 10
- Pages
- 29-46
Authors
Cite This Article
Özlem Karadağ Ak, Ayşe Akyıldız, Mehmet Ak, et al. (2026). The Effect of Financial Literacy Levels on Gambling Behaviour. Research on Education and Psychology, 10, 29-46. https://doi.org/10.54535/rep.1837781