Investigation of the relationship between financial literacy and financial management behavior of community pharmacists in Mersin

The aim of this study is to examine the relationship between financial literacy and financial management behavior of community pharmacists in Mersin city center. The universe of the research consists of 334 independent community pharmacists working actively in Mersin city center. 179 community pharmacists participated in the study. In the study, the Financial Literacy Attitude and Behavior Scale questionnaire prepared by Sarıgül (2015) was used to evaluate the financial literacy attitudes and behaviors of community pharmacists. In order to evaluate the financial management behavior, the financial management behavior scale questionnaire developed by Dew and Xiao (2011), a Turkish reliability and validity study conducted by Erişen and Yılmaz (2021), was used. In addition, a questionnaire form was used in which personal information was questioned. In the analysis of the data, Student's T test was used for statistically independent sample number bivariate group analyses. One-Way ANOVA test was used to determine the significant difference in groups with more than 2 variables, and Post-Hoc tests were used to see which groups were different from each other. Pearson Correlation analysis was conducted to test the relationships between financial literacy and financial management behavior and its sub-dimensions. Between the total score of the financial management behavior scale of the community pharmacists and the demand for education, the monthly average income level and the investment status, the sub-dimensions of the financial management behavior scale, the credit management and the marital status and the working region variables, the savings-investment management and the working region, income level. It has been observed that there is a significant difference between insurance management and the demand for education, income level and investing variables. There is a statistically significant difference between the participants financial literacy attitude and behavior scale average score and the demand for education in finance and investing variables. According to the analysis, a moderate negative significant relationship was found between financial literacy and financial management. A moderately negative significant relationship was found between financial literacy and credit management and savings-investment management. A low level negative significant relationship was found between financial literacy and cash management and insurance management. Keywords: Financial Literacy; Financial Management; Community Pharmacists; Mersin City Center