Financial literacy resources in US public libraries: website analysis

Author:

Faulkner Ash E.ORCID

Abstract

PurposeThis article explores the financial literacy resources patrons can discover and/or access on the webpages of the largest 48 US public libraries in order to assess the strength of public libraries' current support to patrons seeking assistance with personal financial matters.Design/methodology/approachThe author completed a website analysis of the largest 48 US public libraries, as defined by the four sets of criteria in the American Library Association (ALA) publication. Website analysis was completed via a standardized checklist assessment covering full-site searching, catalog content, the availability of relevant guides and/or workshops, and any other relevant online resources.FindingsPublic libraries provide many resources relevant to patrons searching for personal finance topics, but some of these resources are not ideally highlighted on libraries' websites. Site search tools are generally less efficient than catalog search tools. Only half of the studied libraries have relevant online guides, but all libraries have some relevant online resources.Originality/valueWhile there are a number of research articles exploring how public libraries support financial literacy in their communities, there has not yet been an in-depth exploration of how public libraries support this literacy, specifically through the materials highlighted and/or available via their websites. This research addresses this gap in the literature.

Publisher

Emerald

Subject

Library and Information Sciences

Reference27 articles.

1. American Library Association (2016), “The nation's largest public libraries: home”, available at: https://libguides.ala.org/libraryfacts/largestlibs (accessed 5 August 2021).

2. American Library Association and Financial Industry Regulatory Authority (2022), “Welcome”, available at: https://smartinvesting.ala.org/ (accessed 28 March 2022).

3. American Library Association Office of Research and Evaluation (2021), “Financial literacy in public libraries: a guide for building collections: introduction”, available at: https://libguides.ala.org/finra-ore/personalfinance (accessed 28 March 2022).

4. A framework for designing retrieval effectiveness studies of library information systems using human relevance assessments;Journal of Documentation,2017

5. The availability of web 2.0 tools from community college libraries' websites serving large student bodies;Community and Junior College Libraries,2014

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