Table 1.
Mean values and standard deviations of the variables used in the study.
| The United Kingdom | Sweden | ||
|---|---|---|---|
| Female | 55.30% | 50.15% | |
| Age | 36.07 | 47.60 | |
| (13.22) | (15.67) | ||
| Education: | |||
| - Secondary education | 16.50% | 7.05% | |
| - College or further education | 29.20% | 39.37% | |
| - Bachelor’s degree | 37.70% | 21.06% | |
| - Master’s degree or higher | 16.60% | 32.52% | |
| Incomea (median category) | £ 1001 – £ 2000 | 35 000 sek – 44 999 sek | |
| Financial literacy | 2.02 | 2.01 | |
| (0.88) | (1.00) | ||
| Financial ignorance | 2.07 | 1.87 | |
| (0.63) | (0.63) | ||
| Financial well-being | 2.86 | 3.30 | |
| (0.87) | (0.89) | ||
Note: Standard deviation in the brackets where applicable.
a
Income is an ordinal variable and in the UK data represents monthly gross income of an individual and in the Swedish data represents monthly gross income of a household.