Increasing Financial Literacy and Security: Optimizing Household Budgets Through Training in Smart-Program Usage

Abstract

Digital nihilism, defined as distrust or apathy towards online financial systems, inhibits the adoption of digital tools for family savings management. This research analyzes the expressions and determinants of digital nihilism within family finance contexts on a global scale. It examines variances in savings behaviors and policies between societies exhibiting high levels of nihilism versus low. The efficacy of educational, informational, regulatory, and design-focused interventions for mitigating digital distrust is evaluated. The results yield recommendations for developing comprehensive strategies intended to advance financial literacy and secure utilization of online financial services among families.

Keywords: digital nihilism, family finance, family savings, financial literacy, cyber hygiene, digital transformation