The study examines the relationship between financial diligence, risk tolerance, and financial situation assessment, as well as their correlations with various socio-demographic factors. The authors used the 2022 Hungarian dataset from the OECD’s (Organisation for Economic Co-operation and Development) recurring international financial literacy survey for their analysis. The results indicate that respondents generally monitor their finances carefully, tend to avoid risks, and report low levels of satisfaction. A moderately strong positive relationship exists between the dimensions of financial behavior. This suggests that both diligence and appropriate risk management are crucial for financial awareness and contribute to financial satisfaction. Through cluster analysis, ten well-distinguished groups were identified differing in financial behavior and attitudes. Differences between the clusters highlight that socio-demographic factors – such as age, income, type of residence, and employment status – fundamentally influence individuals' financial decision-making.

The aim of this study is to explore the role of demographic factors in strategies to address financial problems, based on data from the OECD Financial Literacy Survey 2022 in Hungary. The analysis focused on differences in age, gender, type of residence, income, and region. The research used multivariate statistical methods, such as canonical correlation analysis and Ridge regression, to identify associations between demographic factors and financial behavior. The results showed that region and age are the most significant determinants of financial strategy choice, while education and income have a smaller impact. Residents in Budapest showed higher financial awareness and more diversified strategies compared to a more traditional approach for rural residents. The results suggest the development of targeted financial education programs that take demographic and regional differences into account, thus supporting the enhancement of financial stability.