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Household Finance

Household finance (JEL G5) covers households' financial decisions — saving, borrowing, investing, and insurance.

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Scope

It includes household portfolios, debt and credit, retirement saving, and financial literacy.

Sub-topics

Core questions

  • How do households make financial decisions?
  • How do households save and borrow?
  • How does financial literacy affect outcomes?

Key concepts

  • Household portfolios
  • Consumer credit
  • Retirement saving
  • Financial literacy
  • Mortgages

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Frequently asked questions

What is household finance?
The study of how households use financial instruments — saving, borrowing, investing, insuring — to meet their goals.

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