Neha Garg|Shveta Singh
Financial literacy among youth
Guru Jambheshwar University of Science and Technology|Guru Jambheshwar University of Science and Technology
purpose purpose paper analyse level financial literacy among youth world based previous studies study particularly focus socioeconomic demographic factors age gender marital status income influence financial literacy level youth whether interrelationship financial knowledge financial attitude financial behaviour strong endeavour world economies improve financial wellbeing citizens contributed rising importance financial literacy equips individuals take quality financial decisions enhance financial wellbeing designmethodologyapproach literature review consists seven key sections first section paper reviews conceptual definitions youth second part summarises literature financial literacy third fourth fifth section summarises literature components financial literacy ie financial knowledge financial attitude financial behaviour respectively sixth section reviews empirical studies influence socioeconomic demographic factors financial literacy level seventh section summarises literature interrelationship financial knowledge financial attitude financial behaviour findings study reveals financial literacy level among youth low across part world become cause concern also observed various socioeconomic demographic factors age gender income marital status educational attainment influence financial literacy level youth exists interrelationship financial knowledge financial attitude financial behaviour originalityvalue youth live longer life ahead thus decisions taken going affect longer period time making imperative develop understanding world finance avoid wrong choice financial products thus financial literacy significant relevance paper aims understand influence various factors influencing financial literacy understanding factors contribute detract acquisition financial literacy among youth help making policy interventions targeted youth enhance financial wellbeing