AN INVESTIGATION OF FINANCIAL LITERACY AMONG UNDERGRADUATE STUDENTS OF SELECTED UNIVERSITIES OF AHMEDABAD
Abstract
One area where many individuals frequently feel powerless is the financial sector. They might even think they've lost control. Many Indians—if not the majority—never received much financial instruction from their parents or at school. We intend to alter it for the following generation. Understanding, analyzing, interpreting, and utilizing financial matters in daily life are all aspects of financial literacy. an effort is undertaken in the study to investigate the effect of financial literateness amongst select University students of Ahmedabad with indication of the opportunities the undergraduates have to attain financial knowledge by proper networks that are utilized to educate undergraduates on fiscal problems. When compared to students with low and medium financial literacy levels, those with better financial knowledge hold more positive opinions about the value of keeping spending, saving and investment records. The pupils' ability to make decisions is positively and significantly impacted by their level of financial literacy. The Gujarat government should create a policy on financial literacy and choose a certain sector to be in charge of providing short-term trainings for youth.
Keyword : Financial Literacy, Financial Awareness, Financial Literacy Level, Students
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References
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