Financial Literacy Among University Students in South Asia : an Examination of the Factors Affecting Financial Literacy and Its Impact on University Students Savings Attitude
This study investigates the level of financial literacy among South Asian university students. For people to make wise financial and investment decisions, they must be financially literate. A necessary requirement for a satisfying life is the ability to be financially secure and free, as the capacity to confidently deal with any financial challenges that may arise. Financially savvy people not only secure their future but are also less likely to fall victim to elaborate scams since they have a solid grasp of financial issues and make well-informed decisions. They are capable of managing, facilitating, and making wise investments and keep a sound financial portfolio. The lack of financial literacy among university students in South Asia, according to study, can result in poor financial outcomes and financial hardship as adults. This study examines the socioeconomic position, parental influence, and individual personality traits of university students in South Asia as they relate to financial literacy. This article also offers suggestions for enhancing financial literacy among South Asian university students, including integrating financial education into academic courses, facilitating access to financial resources, and employing cutting-edge technology to foster financial literacy
Year of publication: |
[2023]
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Authors: | Sushma.S, Dr ; Chaarumala, M. |
Publisher: |
[S.l.] : SSRN |
Subject: | Studierende | Students | Finanzwissen | Financial literacy | Sparen | Savings | Konsumentenverhalten | Consumer behaviour | Bildungsniveau | Educational achievement | Wissen | Knowledge | Südasien | South Asia |
Saved in:
freely available
Extent: | 1 Online-Ressource (7 p) |
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Type of publication: | Book / Working Paper |
Language: | English |
Notes: | Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments june 19, 2023 erstellt |
Other identifiers: | 10.2139/ssrn.4531136 [DOI] |
Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10014352471
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