Future Ready: Unlocking Financial Literacy among Tomorrow's Leaders

In a country like Yemen, where people exist on meager incomes and struggle to make ends meet, poverty is widespread. There is an urgent need to maintain, administer, and set aside funds for emergencies. This study aims to investigate the level of financial awareness and knowledge among undergraduate students in Yemen. Students in higher education are expected to take responsibility for managing their expenses, indicating a strong level of financial understanding. The study relied on primary data collected from a randomly selected sample of people. A total of 218 students at Hodeida University in Yemen were randomly selected to participate in the study. The Statistical Package for the Social Sciences (SPSS) was used to analyze the data. The results show that the level of financial awareness among Undergraduate Students at Hodeida University in Yemen is high, and also observed that males, on average, have financial knowledge more than females. In this light, the research adds to the body of information on financial awareness by illustrating the significance of financial literacy and access to financial knowledge among Yemeni undergraduate students. Finally, we strongly recommend academics, teachers, legislators, financial institutions, and governments make financial education a mandatory element of every school's curriculum, regardless of the level.

Authors

Publication Details

Journal
International Journal of Innovative Science and Research Technology (IJISRT)
Published
2024-10-07
DOI
https://doi.org/10.38124/ijisrt/ijisrt24sep707
Citations
1
Primary Topic
Financial Literacy, Pension, Retirement Analysis
Type
article
Field-Weighted Citation Impact
0.95
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article

Future Ready: Unlocking Financial Literacy among Tomorrow's Leaders

Amgad S.D. Khaled, Ali Thabit, Asif Akhtarb, Mohammed M. Sulaiman Ebrahim
1 citations
International Journal of Innovative Science and Research Technology (IJISRT)
Financial Literacy, Pension, Retirement Analysis
0.95
article

Future Ready: Unlocking Financial Literacy among Tomorrow's Leaders

Amgad S.D. Khaled, Ali Thabit, Asif Akhtarb, Mohammed M. Sulaiman Ebrahim
article en
1 citations

Abstract

In a country like Yemen, where people exist on meager incomes and struggle to make ends meet, poverty is widespread. There is an urgent need to maintain, administer, and set aside funds for emergencies. This study aims to investigate the level of financial awareness and knowledge among undergraduate students in Yemen. Students in higher education are expected to take responsibility for managing their expenses, indicating a strong level of financial understanding. The study relied on primary data collected from a randomly selected sample of people. A total of 218 students at Hodeida University in Yemen were randomly selected to participate in the study. The Statistical Package for the Social Sciences (SPSS) was used to analyze the data. The results show that the level of financial awareness among Undergraduate Students at Hodeida University in Yemen is high, and also observed that males, on average, have financial knowledge more than females. In this light, the research adds to the body of information on financial awareness by illustrating the significance of financial literacy and access to financial knowledge among Yemeni undergraduate students. Finally, we strongly recommend academics, teachers, legislators, financial institutions, and governments make financial education a mandatory element of every school's curriculum, regardless of the level.

International Journal of Innovative Science and Research Technology (IJISRT)
Quality Education
Openalex Percentile: Top 19%
Financial Literacy, Pension, Retirement Analysis
0.95
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Future Ready: Unlocking Financial Literacy among Tomorrow's Leaders — Amgad S.D. Khaled, Ali Thabit, et al. · International Journal of Innovative Science and Research Technology (IJISRT) (2024) | TGRS Research Map | TGRS