DIGITAL FINANCIAL LITERACY AMONG YOUNG GENERATION

The increasing number of digital financial products poses a challenge for society to possess good digital financial literacy, especially among the younger generation. This research aims to identify the factors influencing digital financial literacy among young people aged 15-24. The method used in this study is a systematic literature review. A total of 30 journal articles from 2020-2024 were analyzed to identify these influencing factors. The research findings indicate several factors, including financial behavior, financial knowledge, financial attitude, financial inclusion, and socioeconomic status (SES). These findings suggest the need for educators and policymakers to collaboratively enhance digital financial literacy, ensuring that young generations is equipped with essential financial skills and these findings can serve as a reference for future research and help identify research gaps.