fileadmin/content/institute/iim/dokumente/forschung/discussion-papers/25-ie-income-gender-financial-literacy.pdf
and their available income in EUR per month 1 2 3 4 5 6 7 EUR available per month Count Column % Count Column % Count Column % Less than 1000 387 73% 151 60% 236 84% More than 1000 144** 27% 99** 40% 45** [...] financial literacy level of 15 year olds would increase German GDP by 3,600 billion during their working lives (Gillmann, 2016). Policy makers and scholars therefore need to consider the income situation to develop