There are various instances throughout a lifetime when having a certain quantity of financial savings can be very important with regards to making a big buy. Apparently, Japanese respondents reported nervousness in another way than their American counterparts. Kadoya and Khan labeled the level of hysteria on a scale of 1 to 5, with 1 being lowest. “In Japan, folks tended to avoid one excessive answer, like 1 or 5,” Kadoya said. “Within the US, on another hand, many people tended to choose an excessive answer. These answers may be strongly influenced by culture.” For both countries, though, financial literacy seems to play some function in reducing nervousness about life in outdated age.