Financial Literacy Among Young Adults: Awareness and Investment Patterns

Financial literacy is an essential skill that empowers young adults to make informed decisions about savings, investments, and financial management.The lack of adequate financial knowledge often leads to poor financial decisions, resulting in excessive debt and economic instability.This study explores financial literacy levels among young adults, their investment behaviours, and the factors influencing their financial decisions.The research highlights the impact of financial awareness on financial well-being and provides recommendations for improving financial literacy through education and financial training programs.

Authors

Publication Details

Journal
International Research Journal of Education and Technology (IRJET).
Published
2024-11-29
DOI
https://doi.org/10.70127/irjedt.vol.8.issue04.1423
Primary Topic
Financial Literacy, Pension, Retirement Analysis
Type
article
Field-Weighted Citation Impact
0.00
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article

Financial Literacy Among Young Adults: Awareness and Investment Patterns

Sanskruti Somnath Barve
1 links
International Research Journal of Education and Technology (IRJET).
Financial Literacy, Pension, Retirement Analysis
article

Financial Literacy Among Young Adults: Awareness and Investment Patterns

Sanskruti Somnath Barve
article en

Abstract

Financial literacy is an essential skill that empowers young adults to make informed decisions about savings, investments, and financial management.The lack of adequate financial knowledge often leads to poor financial decisions, resulting in excessive debt and economic instability.This study explores financial literacy levels among young adults, their investment behaviours, and the factors influencing their financial decisions.The research highlights the impact of financial awareness on financial well-being and provides recommendations for improving financial literacy through education and financial training programs.

International Research Journal of Education and Technology (IRJET).Vol. 6(11)
Quality Education
Openalex Percentile: Top 50%
Financial Literacy, Pension, Retirement Analysis
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