Paper Details

Financial literacy is an essential life skill that enables individuals to make informed and effective financial decisions. In the context of the modern economy, where financial products and services are increasingly complex, the importance of financial literacy among youth has become paramount. This paper aims to examine the level of financial literacy among young individuals, particularly college students and early professionals, and explores the role of education, socio-economic background, and digital platforms in shaping their financial knowledge and behavior. The study utilizes a review-based qualitative approach, supported by recent surveys and academic studies. It identifies gaps in current financial education and highlights the need for systematic inclusion of personal finance as a subject in academic curricula. The paper concludes with practical suggestions for stakeholders, including educational institutions, government bodies, and financial organizations, to promote financial literacy in a more structured and accessible manner.

Financial Literacy, Youth, Personal Finance, Financial Education, Money Management, Digital Finance, Budgeting, Savings, Financial Behavior