The role of self-accounting and financial capability in consumer credit decisions

The role of financial capability in the consumers＇ financial behaviour has been widely analyzed by the literature. The same happened for the relationship between debt and financial capability. The consensus about the benefits of an increase in the levels of financial literacy collides with a diversity of opinions on what the best solutions to increase financial capability. While methods based on traditional teaching may not be an effective solutions and they could not provide results in the short term, solutions oriented to support consumers in important financial decisions （requests for funding, choice of retirement solutions, etc.） may show greater effectiveness. Studies in literature have shown the tendency of subjects with high levels of financial capability to adopt a long term view and to upgrade their daily financial behaviour with attitudes and practices related to self-finance （budget, financial check-up, saving for goals, etc.） The paper focuses on the relationship between financial capability and self-accounting practices, interpreting the latter as evidence of conduct financially aware. After a review of the literature designed to emphasize the role of self-accounting in the context of personal finance, a financial check-up based tool is proposed, pointing out how the financial accounts＇ schemes and logics （regular budget, estimates and forecasts checking targets） may find useful application in the context of personal finance.

Analysis of changes in financial ability of business enterprise transformation process Internet plus background in Su ningyun as an example

In 2015, Internet plus action plan was first proposed in the government work report, the plan aims to promote the integration of Internet and all kinds of traditional industries, accelerate the upgrading of the level of industrial development, while improving the innovation ability of traditional industries. In the ＂lntemet plus＂ background, various types of commercial enterprises under the fierce competition environment have also carried out the transformation and upgrading of enterprises, the upgrade process will inevitably lead to all kinds of financial risk and operational risk, whether the change of financial ability is good or bad？ Is not adapt to the transformation in the process of enterprise development, is a new starting point？ This paper in recent years has been committed to the transformation and upgrading, and successfully enter the Internet retail business case for Suning yun enterprises, through the analysis of various financial indicators and the sustainable development model changes in financial ability of the enterprises in the reforming process, provide financial reference for the transformation in the Internet plus background of other business enterprise upgrade.

Digital financial capabilities and household entrepreneurship

This study investigates the impact of digital financial capabilities on household business ownership and business innovation.Utilising the 2015 China Household Finance Survey(CHFS)data,this paper constructs robust capabilities scores and finds positive associations between digital financial capabilities and household entrepreneurship.After specifying instrumental variables,the results still hold.In addition,we compare the driving forces of the impact through componential dimensions,and discuss the differ-ent function channels that digital financial capabilities affect busi-ness ownership and business innovation.What’s more,we add the interaction term of digital capability and financial capability,illus-trate its role in improving the goodness of fit of the models,and further discuss the interaction effect both generally and at each level of the capabilities scores.Finally,we conduct robustness checks across socioeconomic groups and provide policy implica-tions.This study highlights the different function channels of digital financial capabilities concerning different entrepreneurial activities,as well as the importance of interaction effect in under-standing how digital financial capabilities affect household entrepreneurship.