Topic: How Financia

No Paper's Title Authors

1 Financial Literacy Jacqueline S. Stephen

Financial Literacy for

the Future: Preparing
2 R. Amirtha
Individuals for
Economic Success

Financial Literacy and

Personal Financial
3 Management: Smart R. Rajesh, K. Giridhar
Moves Towards
Personal Finance
 Assessing the Role of
Financial Literacy in
Shafiya Taj,
4 Enhancing Personal
Ch. Panduranga Reddy
Financial Decision-
Making among Students

Paula Andrea Rodríguez-

Correa,
Sebastián Arias García,
Financial literacy among María Camila Bermeo-
young college students: Giraldo,
5
Advancements and Alejandro Valencia-Arías,
future directions Ezequiel Martínez Rojas,
Edward Florencio Aurora
Vigo,
Ada Gallegos
 The Impact of Financial
Literacy on Personal
6 Financial Decision - Shafiya Taj
Making: A Study Among
Students

Financial literacy: a
comparative study Rashi Jain,
between commerce Yogita Thawani,
and non-commerce Shailendra Kokode,
7
students of institute for Mukesh Jain,
excellence in higher Suniyna Tiwari,
education (iehe), Ms. Monika Patidar
bhopal
 Implications of Financial
Literacy, Lifestyle, and Sukma Irdiana,
8 Social Factors on Ninik Lukiana,
Student Financial Kasno T. Kasim
Behavior
 The Influence of
Najla Hasna Salsabila,Tri
Financial Literacy on
9 Sabila Hadi,Nurma
Student Financial
Tambunan
Management Behavior
 The Role of Financial
Rahmah Putri Wijayanti,
Literacy and Financial
10 Elmy Nur Azizah,
Behavior on Student
Herwin Kurniawan
Investment Decisions

Current status,
challenges and analysis Le Thu Giang,
11 of financial investment Hoang Nguyen An Phuong,
for students: A case Bui Hai Phong
study of Vietnam
 Financial Socialization in
Vietnam: Are Students Tran Tuan Hun,Khuc The
and Pupils Well Anh,Nguyen Duc
12
Prepared for Facing Duong,Phuong Kim Quoc
with Global Economic Cuong,Le Dieu Linh
Fluctuation?
 Financial knowledge of
Vietnamese students:
13
Current situation and
Issue
 Impact of Financial
Literacy on Vietnamese Khuc Anh,
14
Students’ Spending Tran Tuan Vinh
Management
 Enhancing personal
financial literacy by
improving financial
15 Thị Hoài Lê Nguyễn
attitudes and financial
behavior of Vietnamese
students
 Financial Literacy,
Attitude, Internal
Control Locus, and
Bram Hadianto,
16 Money-Associated
Ana Mariana
Behavior of
Undergraduate
Students

Analyzing the factors

influencing university
17 Sirli Mändmaa
students' financial
literacy
 Financial Wellness on
Campus: Interlinkages
between Financial Anjali Kushwaha,
18
Knowledge, Behaviour Tanvi Singh
and Decision-making
among College Students

Transforming Financial
Behavior of Students: Oding Syafrudin,Munir Nur
19 The Impact of Learning Komarudin,Yasir
Contributions and Maulana,Rina Masruroh
Financial Literacy
 Effects of Financial
Knowledge on
Rationality of Financial
20 Xueying Cheng
Behavior in College
Student: A Mediation
Model

Analysis of the
Effectiveness of
Financial Education for
Students in Higher Maya Malinda,
Education to Increase Miki Tjandra,
21
Financial Literacy (Case Asni Harianti,
Study: Financial Olivia Vania Olius
Planning Class in
Maranatha Christian
University)
 The Role of Financial
Literacy in Promoting
22 Udit Malaiya
Investment Behavior
Among Young Adults

The Impact of Financial

Knowledge on College Afifatun Nur Azizah,
23 Students' Financial Susilaningsih Susilaningsih,
Behavior: A Systematic Leny Noviani
Literature Review
 Exploring the Impact of
Financial Literacy on Manshi Dhiran D,
24
Investment Behavior Jayamalathi Jayabalan
among College Students
 Financial Literacy and
Investment Decisions Manisha Sharma,
25 among Youth: An Anitika Damseth,
Analysis Using Prism of Ishita Shyam
Age
 Financial Literacy and Hannah Dela Peña,
Financial Stress among Harah Joy Puzon,
26
College Students within Czarina Villamil,
Davao Region Claire Lynn B. Culajara
 Financial stress among
college students: New Rachel Danahy,
data about student loan Cäzilia Loibl,
27
debt, lack of emergency Catherine P. Montalto,
savings, social and Dean Lillard
personal resources
 Financial Literacy,
Financial Stress,
Financial Anxiety,
Financial Self-Efficacy Xu Bing Xu,
28
and Financial Emotional I. M. Abd Rashid
Well-Being among
University Students in
Malaysia
 The Multifaceted
Impact of Financial
Stress on Physiological,
Psychological Well- Rayaan Altaf,
29
being, and Success: A Sachi Dodamani
Comprehensive Review
and Strategic
Interventions
 The Link Between
Financial Stress, Benjamin D. Andrews,
30 Financial Precarity, and Tori I. Rehr,
Educational Outcomes Erica P. Regan
at Community Colleges
 namely, planning, budgeting" \i, and
overall personal financial
management. A student with higher
levels of financial literacy is can
effectively plan for the cost of their
education, create a budget to ensure
Topic: How Financial healthy Literacy
spending habits, Shapes andAcademic
manage Performance and Financial Sta
their money (i.e., savings, grants,
Link Abstract
loans) to ensure it will meet their
needs from admission to degree
completion. A student may encounter
various expenses throughout their
Financial
academicliteracyjourney,encompasses
and this chapter the
knowledge and skills
provides an idea of what a student essential for
[Link]
making informed financial
should expect as they plandecisions,
for their
impacting both
education. Chapter 13 also personal and explains
professional
the characteristics lives. Thisand study explores
differences
the significance of financial
that exist between loans, grants, and literacy in
navigating today's
scholarships. Students need to complex financial
landscape,
understandemphasizing
these terms its androle thein
budgeting, saving, investing,
implications associated with each debt
management,
source of funding. retirement planning,
An understanding
and understanding
of the various sources of funding financial products.
can
It highlights the necessity
help a student to utilize or borrow of financial
literacy for achieving financial
money responsibility, and with intent.
stability,
Finally, this independence,
chapter provides and overall
students
well-being, as well
with several best practices as its contribution
for making
to a stronger
informed economy.
decisions, Case studies,
engaging in
such
financial self-care, identifyingdebt
as a family's successful sources
reduction
of funding,strategyand accessingand a business's
various
[Link]
effective
resourcesbudgeting
and services process,
to assistillustrate
in
how financial literacy
financial planning" \i and leads to
improved
management. outcomes.
Additional The findings
highlight
recommendations are targeted
the need for provided to
financial
guide studentseducation programs and
in educating
policies
themselves thatand canmaintaining
bridge knowledge abreast
gaps and empower
of funding opportunities individuals
for higher to
make better financial
education degree programs. Although choices. The
study reviews of
the emphasis existing literature
this chapter is onon
financial
education funding for US students, in
literacy, noting disparities
knowledge
Financial
non-US students acrosswill
literacy demographics
and much ofand
personal
find the
the challenges
financial in translating
information relevant to theirbecome
management have needs as
knowledge
integral parts
they navigate intoof
and effective
explorefinancial
everyone’s life.
funding
behavior.
Financial
opportunities Ultimately,
literacywithinis the improving
basic
their own
financial
[Link]
knowledge, skills,isbehaviour,
integral toand
enhancing
attitude economic
towards well-being
finance. Personal and
fosteringincludes
finance more equitable financial
income, savings,
systems.
expenses, investments, and financial
protection for the person or family.
Personal financial management
means effective management of
personal finances. There is a necessity
[Link]
of financial literacy for everybody to
manage their personal finances. In
this backdrop, this paper deals with
linkage between financial literacy and
personal financial management, and
also discuss the smart money moves
by a person to effectively manage
their personal finances, backed by
financial [Link] literacy
helps the people to manage their
personal finances effectively through
that they can achieve their financial
goals.
 financial management. The objective
of this research is to assess the impact
of financial literacy on improving
personal financial decision-making of
students. Efficient money
management is facilitated by the
basic understanding of financial
concepts which includes budgeting,
saving, investing and managing debt.
Financially literate students tend to
make informed decisions in the
allocation of their resources
effectively to meet short-term and
long-term goals. The study
emphasises the importance of
incorporating thorough financial
literacy programmes into the
university curriculum to equip
students with vital skills necessary for
[Link]
prudent financial handling. Personal
financial management is essential for
students as it lays the foundation for
their financial well-being both during
their academic years and beyond. The
need for financial literacy education
among students is further
underscored by broader economic
benefits such as increased savings
rates, lower debt levels and improved
economic stability. The research
explores obstacles in acquiring
financial
Financial literacy
literacy such
is oneasofsocio-
the most
economic limitations,
important lack ofneed
skills that people practical
in
financial
the experience
21st century, and limited
especially the
access to financial
youngest, as is the education
case with college
resources.
students and Themastering
data for the analysis
personal
was collected
finance through
skills. This topica has
questionnaire
gained
from 100 respondents
importance usinginathe field
in recent years
convenience
of samplingThe
scientific research. technique to of
objective
evaluate
this studyhow
wasfinancial
to identifyliteracy helps
the most
students make better
relevant factors relatedfinancial
to financial
decisions. among young university
education
students. A systematic literature
review was developed based on the
parameters established by the
PRISMA statement. A total of 44
datasets were analyzed to identify the
most recurring factors in the
[Link]
literature. Finally, the validity of the
most relevant issues pertaining to the
subject of study were identified. Thus,
two themes were evident that are still
valid and the most frequent in the
literature on financial literacy among
university students: financial behavior
and financial knowledge. It is
concluded that financial Inclusion,
Budgeting, Financial Attitude, and
Adolescents are other topics with a
promising future in future research.
The results of this study provide a
structured guide for future research
and help to identify research gaps
that can be addressed in future
studies.
 of financial literacy on improving
students’ personal financial decision -
makings. Efficient money
management is facilitated with the
basic understanding of financial
concepts which includes budgeting,
saving, investing and managing debt.
Students who are financially literate
tend to make informed decisions in
allocation of their resources
effectively in order to meet short -
term and long - term goals. The study
emphasizes the importance of
incorporating thorough financial
literacy programmes into university
curriculum to equip students with
[Link]
vital skills necessary for prudent
financial handling. Personal financial
management is essential for students
as it lays the foundation for their
financial well - being both during their
academic years and beyond. The need
for financial literacy education among
students is further underscored with
broader economic benefits such as
increased savings rate, lower debt
levels and improved economic
stability. The research explores
obstacles in acquiring financial
literacy such as socio - economic
limitations, lack of practical financial
experience and limited
Financial literacy plays aaccess
pivotaltorole
financial
in education
an individual's resources.
ability to make The
data for analyses
informed financialisdecisions,
collected manage
through
questionnaire
resources from 100
effectively, and respondents
achieve
using convenience
financial [Link]
This report
technique
representsto evaluate howstudy
a comparative financial
literacyathelps
aimed students
evaluating thetolevels
makeofbetter
decisions.
financial literacy among two distinct
groups of undergraduate students:
commerce and non-commerce. The
study provides an overview of the
[Link]
objectives, methodology, and the
significance of addressing financial
knowledge of the subject among
students and also provides a
comprehensive examination of at
different levels among the students. It
recognizes the role of education in
shaping individuals' financial
behaviours and choices. Addressing
this need can contribute to economic
stability and prosperity for individuals
and society as a whole.
 Good financial literacy helps them
make smart financial decisions, such
as saving, investing and managing
debt. This has a positive impact on
long-term financial well-being,
reducing the risk of getting into debt,
and increasing the ability to achieve
financial goals such as buying a home
or starting a business. Apart from
that, financial literacy also helps
Generation Z understand the
importance of planning for retirement
early, as well as avoiding fraud and
financial traps. In a broader context, a
financially literate generation can also
contribute to overall economic
stability. This research aims to analyze
[Link]
the influence of financial literacy,
lifestyle and social environment on
students' financial behavior. The data
used in this research is quantitative
data collected through questionnaires
distributed to students. The research
method uses random sampling with a
quantitative approach, and data
collection techniques are carried out
through questionnaires. This research
involved 150 students as
respondents. Data analysis was
carried out using multiple linear
regression. The research results
showed that financial literacy,
lifestyle and social environment had a
positive and significant influence on
students' financial behavior.
 This research aims to determine the
influence of financial literacy on
students' financial management
behavior. This research is quantitative
research, with samples taken using
purposive sampling techniques. The
population of this study were PGRI
Indraprasta University students and
the sample in this study was 30
students. The data collection method
uses a questionnaire to measure each
variable. Data were analyzed using
descriptive statistics and inferential
[Link]
statistics. The results of descriptive
analysis show an average financial
literacy of 37.10 and student financial
management behavior of 39.30. The
results of the inferential analysis show
that the calculated t value (2.832) is in
the acceptance area so that the
calculated t value is greater than the t
table value (1.701). So it can be
concluded that H1 is accepted, which
means there is an influence between
financial literacy on students' financial
management behavior.
 In the dynamic landscape of global
finance,
This studytheaimsnecessity
to see for
howfinancial
financial
literacy has
and become
financialincreasingly
behaviour can
prominent, especially
affect investment among
decision younger
making for
generations who face
university students. unprecedented
Methods: This
financial
study is arisks and complexities.
quantitative The
study. Sample
paper outlines using
determination the critical role of
purposive
financial
samplingeducation
method with within school
a total of
curricula, emphasizing
approximately its importance
200 people. Data
in preparing
collection youthato
is using navigate the
questionnaire
complexities of financial
with a Likert scale products
(1-5). The resultsand
of
services
obtainingeffectively.
data from As thefinancial
questionnaire
[Link]
responsibilities
will be analysedand decision-making
using descriptive data
increasingly shift from
analysis techniques andinstitutions
processedto
individuals, the need for
using SEM PLS software. Results: the
comprehensive
results of the above financial education
research state
from an early literacy
that financial age is more pronounced
and financial
than ever. have
behaviour The paper explores
a significant various
effect on
aspects of implementing
investment decisions in college financial
education
students. The in schools, addressing
Investment Decisionthe
challenges
Variable can ofbeintegrating
explainedsuch by Financial
programs
Literacy and into existingBehaviour
Financial curricula, by
securing
51%. necessary resources, and
adequately training educators.
Through a review of successful case
studies from different countries, such
as Australia, Brazil, and the United
States, effective strategies and
practices are highlighted. Particularly,
we focus on the analysis the financial
case studies of Vietnamese students.
These examples demonstrate the
importance of political support,
stakeholder involvement, and
sustainable program implementation
to ensure the longevity and impact of
financial education initiatives.
Additionally, the paper provides a
comparative analysis of financial
[Link]
education learning frameworks, which
illustrates the diverse approaches
tailored to specific educational and
national contexts. This analysis
underscores the importance of
adapting financial education to meet
local needs while aligning with
broader educational goals.
Furthermore, some key policy
recommendations are offered to
guide schools in supporting and
committing to financial education.
These include developing clear,
measurable objectives for financial
literacy programs, creating high-
quality teaching materials, and
fostering collaborations among
governments, educational
institutions, and financial experts.
Lastly, the paper discusses methods
for monitoring and evaluating the
effectiveness of financial education
programs. It stresses the need for
both quantitative and qualitative
assessments to ensure these
initiatives meet their goals and
 The current economic fluctuations
show no signs of cooling down
globally not only leaving negative
consequences for the macro economy
but also creating difficulties for
students and pupils as they have
limited financial management
experiences. This phenomenon
happened all over the world,
including Vietnam; therefore, this
article aims to contribute to the study
of the state of financial socialisation in
Vietnam through the clarifying of the
impact of social sources including
Family, Peers, Media, and Education,
as well as evaluating how they
enhance personal financial
[Link]
management behaviours of students
and pupils. Data in the study were
collected from 821 observations,
using linear structural modelling (PLS-
SEM) to test hypotheses, including
the relationship of all potential
variables. Our findings underscore the
mediating role of financial literacy in
the relationships between financial
socialization from peer, education and
personal financial management
behaviours. In light of these insights,
we propose targeted
recommendations aimed at
enhancing the financial landscape for
the higher student community in
Vietnam.
 Financial knowledge is an important
component of financial literacy for
every person. Financial literacy helps
people have a better life by making
relevant financial decisions. To
measure the financial knowledge of
Vietnamese students, this study
conducted a random online survey of
4,140 samples at universities across
the country in 2021, with 11
questions divided into 3 levels of
knowledge (basic, medium and
advanced). The descriptive statistics
show that Vietnamese students have
[Link]
very weak financial knowledge, in
which, even students are studying
finance-banking or economics. The
results also show that financial
knowledge is not uniform in different
school years, regions and majors. In
the context that Vietnam is
implementing a comprehensive
financial strategy, there is an urgent
need to systematically develop a
National Financial Education Strategy,
to provide early education by many
different channels and methods for
students as well as for the youth in
Vietnam
 The study was carried out to evaluate
the impact of financial literacy by
considering the influence of three
components: Financial Attitude,
Financial Knowledge and Financial
Behavior on students’ spending
management. The article used a
combination of qualitative and
quantitative research (through
Structural Equation Modeling - SEM)
to evaluate. The results showed that
financial knowledge and financial
[Link]
attitude do not influence students’
spending management, while
financial behavior and influence of
parents are statistically significant
factors. Primarily, financial behavior
has the most prominent influence.
From the research results, the author
has made some policy implications for
relevant agencies to improve the
influence of parents on children and
to improve students' financial
behaviour.
 In addition to financial knowledge,
financial attitudes and financial
behaviors are two components
creating financial knowledge for
people- which is one of the important
factors contributing to the satisfaction
about financial decisions throughout
life. To assess the situation, the study
conducted online questionnaire
survey with 4,140 students randomly
selected from universities across the
country in 2021. The questionnair
comprised of 2 groups of questions on
financial attitudes and 3 groups of
questions on financial behavior of
[Link]
Vietnamese students. The results
from descriptive statistics show that
Vietnamese students have quite good
financial attitudes and behaviors,
adapting to the requirements of
modern life. However, the poor
financial knowledge of Vietnamese
students has significantly affected
their financial attitudes and
behaviors. Therefore, it is neccesary
to develop a financial education
program in Vietnm in order to
improve spending control, savings,
debt and personal financial planning
for students
 Financial literacy becomes the
guideline for its users to perform
financially well. As educated users,
undergraduate business students are
expected to behave well in managing
their money. Furthermore, to test this
tendency, this study employs the
financial attitude and internal control
locus as additional determinants. This
research also takes 150 students in
the management department of
business faculty at Maranatha
Christian University as a population.
Considering some batches utilized,
this study employs stratified random
[Link]
sampling to take the samples.
Besides, this study uses a survey
method to obtain their response
related to demographic and academic
features, covariance-based structural
equation model, and the related
statistic: the probability of critical
ratio to analyze the data and examine
the first, second, and third
hypotheses. After testing them, this
investigation concludes that the more
financially literate the students are,
the more literacy
Financial they behave financially.
is necessary skill for
With a better financial
life that could be improved attitude and
through
internal
financialcontrol locus,
education. Tothe students
enhance
can manage
financial their money
education, well.
it is important to
examine more deeply how students'
financial knowledge and personal
background affects their views on
personal finance issues and financial
decision making. This study analyzing
the questionnaire survey results of
522 university students to assess the
relationships between the financial
literacy and students' financial
opinions and choices; and the impact
of educational and demographical
characteristics to the participants'
financial literacy, opinions and
[Link]
choices. Results of regression analyze
show that statistically significant
impact on the financial literacy have
factors as gender, nationality,
academic discipline, and financial
choices and opinion, as holding a
debit card, a bank loan, plan the
financial affairs in advance on a daily
basis and an interest to get more
information about financial services
and monetary affairs. Students
studying in the science or
mathematics oriented subjects have
more knowledge in finance, especially
male students. These results of study
enable to develop financial education
and give the direction for future
research.
 study examines the intricate
interconnections among financial
knowledge, behaviour, and financial
decision-making confidence among
college students. The study is
descriptive in nature and uses
quantitative data for analysis. The
findings of the study reveal a notable
imbalance between the acquisition of
financial knowledge and its utilization
in their financial behaviour. While
students exhibit a satisfactory
comprehension of financial concepts,
they do not consistently implement
this knowledge in their everyday
financial choices and actions. The
research highlights the importance of
[Link]
bridging the gap between theoretical
understanding of finance and actual
application. A lack of confidence was
found among students in their
financial capabilities which may
account for the disparities between
their financial knowledge and their
actual financial behaviours. This
emphasizes the need of not only
teaching financial literacy but also
fostering students' confidence in their
ability to make wise financial
decisions.
This study The
aimsresearch findings
to investigate howof
this study provide valuable
learning and financial literacy insights
for educational
influence andbehavior.
financial financial It
institutions seeking
employs an explanatory to equip college
research
students with the not only necessary
approach to examine the relationship
knowledge but also
between learning indevelop
tertiary skills and
attitudes to boost their confidence
institutions, financial literacy, and so
as to achieve financial stability
students' financial behavior. The and
success in the future.
study focuses on the population of
students in the Faculty of Economics
and Business at the University of
Kuningan, with a sample size of 100.
The findings indicate that both
[Link]
learning and financial literacy, when
considered together, significantly
contribute to financial behavior.
Individually, both learning and
financial literacy have a positive and
significant impact on financial
behavior. The study highlights the
strong influence of financial literacy
on student financial behavior and
underscores the significant role of
learning in shaping such behavior.
Keywords: Learning Contribution;
Financial Literacy; Financial Behavior;
Explanatory Research; Student
 skills. This research explores how
different degrees of financial literacy
affect the rationality of financial
decisions among university students,
utilizing insights from the Delayed
Gratification theory. Through the
exploration of a moderated mediation
model, the research delves into the
mediating role of Delayed
Gratification. Findings from a detailed
survey of 4676 Chinese college
students highlight two key points.
Firstly, the research indicates that
college students' knowledge of
finance has a substantial and positive
effect on the rationality of their
financial actions. Secondly, the
findings reveal that Delayed
Gratification serves as a partial
mediator in the complex link between
[Link]
financial knowledge and the
rationality of financial behavior. This
research contributes to the existing
Financial literacy is aonterm
body of knowledge that is
financial
currently
literacy whileusedalso in many papersour
deepening about
acomprehension
person's literacy of in
howmanaging
college his /
her finance.
students' Someone
financial is said to
awareness be
shapes
financially
the dynamics literate when
of their he or she is
financial
able to take advantage
decision-making of financial
rationality. The
institutions
results stress andthemanage his / her
significance of
finance.
consideringThethe efforts to improve
information students
financial
possess and literacy, one of the
underscore them is by
utilizing
importance the of education
Delayedon financial in
Gratification
planning.
translatingMaranatha
knowledgeChristian
into
University
responsiblehas been carrying
financial behavior. out
financial
Considering planning education
the essential since the
importance
2007 curriculum
of financial literacywas inapplied
managing as one
of the subjects
today's intricatemandatory
financial in financial
management
environment, concentration.
this study offersThe aim
of this education
significant insightsisthatto increase
could guide
financial
educational literacy in the students‘
approaches and
realm. Theaimed
initiatives purpose of this research
at enhancing the
was to convey
financial healththe educational
of college result
students.
from the students in financial
planning course to the behavior of
financial literacy. The criteria of
financially literate are a person can
understand and practice financial
management, saving/investing,
insurance & estate planning, credit,
[Link]
and shopping. Therefore, further
study is needed on whether or not
there is a change in the
understanding and the score of
students in managing their finances
because of financial planning
education. The method for testing
used in this paper was built by O’Neill,
which was the Financial-Fitness Quiz
(FFQ), to find out whether there is a
difference among the students before
and after taking the financial planning
subject, by using Wilcoxon-Test. The
data used in this research was a
population of students who took the
financial planning courses during the
odd semester of 2017/2018 academic
year as many as fifty-two persons
consisting of twenty-two males and
thirty females. The result showed
significantly different score before
 Financial literacy plays a pivotal role
in shaping investment behavior,
particularly among young adults. This
paper investigates the relationship
between financial literacy and
investment decision-making,
emphasizing the significance of
knowledge and understanding in
fostering sound financial practices.
[Link]
The study adopts a qualitative
approach, relying on a review of
existing literature to analyze the
influence of financial literacy on
young adults' investment choices.
Findings suggest that enhanced
financial literacy leads to improved
investment behaviors, while a lack of
financial knowledge poses significant
barriers.

This research explores the influence

of financial knowledge on the
financial behavior of students. The
low level of financial knowledge
among students can lead to financial
problems, such as high debt. The aim
of this research is to provide a clearer
framework regarding how financial
knowledge influences the financial
behavior of students. Using the
PRISMA-based Systematic Literature
[Link]
Review (SLR) method, it shows that
the higher the financial knowledge of
students, the better their financial
behavior, enabling them to manage
their finances well, such as budgeting,
managing debt, and saving. Financial
education in higher education is
crucial for shaping responsible
financial behavior, so appropriate
interventions can help students
develop better financial skills for their
future.
 In today’s rapidly evolving financial
landscape, characterized by an
abundance of complex products and
intricate market dynamics, the need
for financial literacy has become more
crucial than ever. This is particularly
true for university students, who are
on the cusp of entering the workforce
and assuming greater responsibility
for their financial well-being. This
research delves into the critical
relationship between financial literacy
and investment behavior among
university students, aiming to shed
light on the extent to which financial
knowledge and understanding
[Link]
influence investment decisions. By
exploring the intricate relationship
between these two concepts, the
study aims to contribute to the
development of effective strategies
that promote financial literacy,
understand the extent to which
financial knowledge, attitudes, and
skills influence investment decisions,
and explore the factors that
contribute to informed and
responsible investment choices. and
empower students to make well-
informed investment decisions,
paving the way for a more financially
secure future.
 financial education and modern social
influence create a unique atmosphere
where new investors are informed
and affected by multiple sources. This
accessibility has raised concerns
regarding impulsive and speculative
investment methods, as younger
investors may trade high-risk
securities without fully understanding
the hazard. While the financial
literacy initiatives are performing well
in their execution, more thorough
study is needed to investigate their
influence on young investing
behavior. Some particular research
questions about how the socio-
economic elements are related with
financial literacy; and investment
decisions and how the financial
[Link]
literacy influences the investment
decisions among the youth have been
tried to be answered thorough this
research. This study is confined to the
state of Himachal Pradesh, further
grounded on both quantitative as well
as qualitative approaches to gather
data from a random sample of 631
respondents with the help of online
surveys, interviews, and focus groups.
Data has been synthesized using
descriptive statistics such frequency
distribution, percentage, mean,
standard deviation, variance,
skewness, and kurtosis. After then,
demographic characteristics,
particularly the age of respondents
has been used to cross-tabulate the
associations. The hypotheses were
 the relationship between financial
literacy and financial stress, as well as
the potential predictors of financial
stress related to financial literacy,
including subscales of spending
habits, saving habits, and financial
knowledge. A total of 368 individuals
participated in the study, selected
through a simple random sampling
method. The Spearman’s rho
coefficient indicates a positive
correlation between the variables,
leading to the rejection of the null
hypothesis. The study reveals that
students exhibit a high level of
financial knowledge and moderate
spending and saving habits, indicating
moderate financial literacy.
Additionally, respondents exhibited a
[Link]
moderate level of financial stress,
with moderate levels of affective and
relational stress, and a low level of
physiological response. Moreover,
linear regression analysis showed that
saving habits (p<0.05) are a
significant predictor of financial
stress, implying that they have a
substantial influence on individuals'
financial stress levels. This study
suggests that increased financial
awareness among students with
strong saving habits may heighten
sensitivity to financial pressures,
leading to higher stress levels.
Understanding these dynamics can
inform the development of financial
education programs that address
both saving strategies and stress
 We provide updated results about the
link between student loan debt and
emergency savings with financial
stress, and after conditioning for
differences in social and personal
resources. We use the stress process
model framework and data from the
2020 Study on Collegiate Financial
Wellness (N = 25,310) to estimate
ordered probit regression models.
The 2020 data confirm that students
report higher levels of stress if they
hold more loan debt and have lower
emergency savings. Students with
[Link]
higher levels of financial socialization
and financial self‐efficacy experience
less financial stress and experience
more stress when they report both
positive and negative financial
management behaviors. Among
student‐borrowers, the role of social
and personal resources is weakened.
The data confirm ongoing financial
stress among college students and
points to the important role of
financial socialization through parents
and financial skill in students' ability
to cope with financial stress.
 Policymakers, financial professionals,
and academics in the field of study
should all find this research to be
useful. This study adds to the body of
knowledge in the field and has
numerous applications. Overall, this
research may have effects on
students as individuals, universities as
organisations (AKPK & PNB), and
nations as a whole (BNM, ministry of
education and finance). Financial
literacy can be greatly aided by the
interaction of the variables of
[Link]
attitudes, socioeconomic status, and
sources. By utilising financial stress
and anxiety as suggested by cognitive
behaviour to increase financial
literacy, this makes sure that
predicted financial emotional well-
being is taken care of. By deepening
students' comprehension of the
concepts of financial literacy, financial
cognitive behaviour, financial self-
efficacy, and financial emotional well-
being, this research adds to the body
of knowledge, particularly in
Malaysia.
 and physical strain from financial
instability—is increasingly prevalent
today. This analysis explores how
financial stress impacts health and
success, using a mixed-methods
approach to examine effects on
immune function, metabolic health,
sleep, mental health, cognitive ability,
behavior, and relationships. It also
evaluates success metrics like career
growth, academic performance,
entrepreneurship, and personal
development. The study applies the
Biopsychosocial Model of Health and
the Transactional Model of Stress and
Coping to understand these complex
interactions. While prior research
highlights the widespread impact of
[Link]
financial stress, gaps remain regarding
its long-term effects and variations
across groups. Findings show financial
stress increases risks of high blood
pressure, heart disease, immune
suppression, metabolic disorders,
anxiety, depression, substance abuse,
social isolation, and diminished life
performance. The study emphasizes
the need for holistic solutions by
uncovering feedback loops between
stress and success outcomes.
Proposed solutions include financial
advising, policy reforms, and personal
strategies like financial literacy and
stress management. It calls for further
research into innovative
interventions, especially through
digital tools and social support
 government investment in higher
education, and rising tuition costs,
students vying for a college degree
experience financial concerns as
important influences on their college
experience. An emerging body of
literature has focused on the
relationship between student
finances and academic outcomes.
This study sought to understand how
community college student financial
situations are linked to academic
outcomes. Specifically, we examined
whether financial stress and financial
precarity are associated with
students’ academic outcomes at 2-
year institutions. Prior community
college research on this topic has
generally been limited to single
[Link]
institution studies. This study extends
current research by using a multi-
institutional dataset of 21 community
colleges and accounting for multiple
financial factors in our statistical
models to describe community
college students’ financial situations
and knowledge in a nuanced manner.
Financial stress and financial precarity
emerged as significant predictors of
several academic outcomes. Financial
stress explained more variance in
academic outcomes than several
other financial and demographic
variables in the models, including
financial knowledge. We discuss the
importance of developing research
that is more nuanced in its approach
to financial influences on community
s Academic Performance and Financial Stability among College and University Students in Da Nang, Vietna
Context Objective Concepts
This chapter discusses the
importance of a student's
ability to understand and Emphasize financial self- The paper centers around
effective use various financial care for college students. the concept of financial
skills, namely, planning, Provide guidance on literacy and its significance
budgeting, and overall financial literacy and for college and university
personal financial education funding. students.
management. (especially US
students)

The concept of financial

This study explores the literacy revolves around the
Explore the Importance of
significance of financial knowledge and skills
Financial Literacy, Identify
literacy in navigating today's required for effective
Key Areas of Financial
complex financial landscape, financial decision-making, its
Literacy, Demonstrate
emphasizing its role in impact on individual and
Practical Applications,
budgeting, saving, investing, economic well-being, and
Highlight the Need for
debt management, the need for educational
Education Programs,
retirement planning, and programs to improve
Review Existing Literature,
understanding financial financial understanding
Promote Economic Equity
products. across various
demographics.

The key concepts of the

This paper deals with linkage
paper revolve around
between financial literacy and Explore the Linkage,
financial literacy, personal
personal financial Highlight the Importance of
finance, personal financial
management, and also Financial Literacy, Discuss
management, smart money
discuss the smart money Smart Money Moves,
moves, and the importance
moves by a person to Promote Effective Personal
of achieving financial goals,
effectively manage their Financial Management,
all of which are interrelated
personal finances, backed by Achieve Financial Goals
and essential for effective
financial literacy.
financial decision-making.
 The key concepts of the
paper revolve around
The study emphasizes the
The objective of this financial literacy, its impact
importance of incorporating
research is to assess the on personal financial
thorough financial literacy
impact of financial literacy decision-making, the
programs into the university
on improving personal necessity of financial
curriculum to equip students
financial decision-making of education programs, and the
with vital skills necessary for
students. challenges faced by students
prudent financial handling
in achieving financial
literacy.

The paper identifies several

key concepts that are
essential for understanding
financial literacy among
young college students,
The objective of this study including financial behavior,
The paper focuses on the
was to identify the most financial knowledge,
critical importance of
relevant factors related to financial inclusion,
financial literacy, particularly
financial education among budgeting, financial attitude,
among college students.
young university students. and the focus on
adolescents. These concepts
provide a framework for
future research and
educational initiatives in the
field of financial literacy.
 The key concepts of the
The context of this paper
paper center around the
revolves around the critical
significance of financial
role of financial literacy in The objective of this
literacy in personal financial
shaping students' financial research is to assess the
decision-making, the
decision-making abilities, the impact of financial literacy
necessity of financial
methodology used to study on improving students’
education, the economic
this impact, and the broader personal financial decision -
benefits of financial literacy,
implications for economic makings
and the challenges faced by
stability and personal
students in acquiring these
financial well-being.
essential skills.

The objectives of this study

This report represents a focus on evaluating and The key concepts of the
comparative study aimed at comparing financial literacy paper are Definition of
evaluating the levels of levels, understanding the Financial Literacy,
financial literacy among two impact of education, Comparative Analysis,
distinct groups of addressing knowledge gaps, Objectives of the Study,
undergraduate students: contributing to economic Methodology, Significance of
commerce and non- stability, and promoting Financial Literacy, Role of
commerce. informed financial decision- Education
making among students.
The context of this paper
revolves around the critical
The key concepts of the
role of financial literacy and This research aims to
paper revolve around
its interplay with lifestyle and analyze the influence of
financial literacy, lifestyle
social factors in shaping the financial literacy, lifestyle
choices, social influences,
financial behaviors of and social environment on
and their collective impact
students, with a focus on the students' financial
on students' financial
implications for their future behavior.
behavior
financial well-being and
economic stability.
The paper titled "The
Financial Literacy, Financial
Influence of Financial Literacy
This research aims to Management Behavior,
on Student Financial
determine the influence of Quantitative Research
Management Behavior"
financial literacy on Methodology, Descriptive
explores the relationship
students' financial and Inferential Statistics,
between financial literacy and
management behavior Hypothesis Testing, Sample
how students manage their
Population
finances
The paper titled "The Role of
The paper focuses on the
Financial Literacy and
This study aims to see how interplay between financial
Financial Behavior on Student
financial literacy and literacy, financial behavior,
Investment Decisions"
financial behaviour can and investment decisions,
explores the relationship
affect investment decision employing a quantitative
between financial literacy,
making for university research methodology to
financial behavior, and
students. explore these concepts
investment decisions among
among university students.
university students.

To highlight the critical role

of financial education in
school curricula.
To explore challenges in
implementing financial
literacy programs in
The study is set in Vietnam, in schools.
the evolving global financial To analyze successful case
landscape, where financial studies from different
literacy is increasingly countries, including
essential, particularly for Vietnam.
Financial Literacy, Financial
younger generations. As To provide a comparative
Education, Curriculum
financial responsibilities shift analysis of financial
Integration, Stakeholder
from institutions to education frameworks.
Involvement, Monitoring and
individuals, there is a growing To offer policy
Evaluation
need for comprehensive recommendations for
financial education in schools improving financial
to help students manage education.
financial risks and To discuss methods for
complexities. monitoring and evaluating
financial education
programs.
To advocate for integrating
financial education into
national policies and
curricula.
 To study the state of
financial socialization in
Vietnam.
To examine the impact of
The study is set in the
social sources (Family,
backdrop of global economic
Peers, Media, and
fluctuations, which have
Education) on students'
created financial difficulties,
financial management Financial Socialization,
especially for students and
behaviors. Personal Financial
pupils who lack financial
To evaluate how financial Management Behaviors,
management experience.
socialization influences Financial Literacy, Mediating
This issue is global, including
personal financial Role
in Vietnam, where students
management behaviors of
face challenges in financial
students.
decision-making due to
To explore the mediating
limited financial literacy.
role of financial literacy in
the relationship between
financial socialization and
financial behaviors.
 To measure the financial
The study examines the
knowledge of Vietnamese
financial knowledge of
university students.
Vietnamese university
To analyze differences in
students, emphasizing its role
financial knowledge based
as a key component of Financial Knowledge,
on school year, region, and
financial literacy. It highlights Financial Literacy, National
major.
concerns about low levels of Financial Education Strategy
To provide insights that
financial knowledge, even
contribute to the
among students studying
development of a National
finance, banking, and
Financial Education Strategy
economics.
in Vietnam.
The study focuses on To assess the impact of
evaluating how financial financial literacy on
literacy impacts students' students' spending
spending management. It management.
examines the roles of To analyze the roles of
financial attitude, financial financial attitude, financial
knowledge, and financial knowledge, and financial
Financial Literacy, Spending
behavior in shaping financial behavior in influencing
Management,
decision-making among students' financial
Financial Socialization
students. The research is set decisions.
in the broader context of To provide policy
financial education and recommendations to
financial socialization, improve financial behavior
particularly highlighting the and parental influence on
influence of parents on students' financial
students' financial behaviors. management.
The study explores the role of
financial knowledge, financial
attitudes, and financial
behaviors in shaping financial To assess financial attitudes
decision-making and financial and behaviors of
satisfaction throughout life. It Vietnamese university
focuses on Vietnamese students.
university students and To examine how financial
Financial Knowledge,
assesses their financial knowledge influences
Financial Attitudes, Financial
attitudes and behaviors in the financial attitudes and
Behaviors,
broader context of financial behaviors.
Financial Education
literacy and financial To provide
education. The findings recommendations for
highlight the need for a developing a financial
structured financial education education program in
program in Vietnam to help Vietnam.
students manage spending,
savings, debt, and personal
financial planning.
The study explores how
financial literacy influences
financial behavior among To examine the relationship
undergraduate business between financial literacy
students. It specifically and financial behavior.
examines financial attitude To assess the role of
and internal locus of control financial attitude and
Financial Literacy, Financial
as additional factors that internal locus of control in
Behavior, Financial Attitude,
shape financial decision- influencing students’
Internal Locus of Control
making. The research is financial management.
conducted in the context of To analyze financial
university students’ financial behavior among business
management, with a focus on students using statistical
business students who are modeling techniques.
expected to apply financial
knowledge effectively.

To analyze the relationship

between financial literacy
and students’ financial
The study focuses on the opinions and choices.
importance of financial To assess how demographic
literacy as a life skill that can (gender, nationality) and
be improved through financial educational (academic Financial Literacy
education. The research is discipline) characteristics Financial Education
conducted in the context of influence financial literacy. Financial Decision-Making
university students' financial To identify factors that Demographic Factors
literacy and aims to identify significantly impact financial Financial Behavior
demographic and educational knowledge and decision-
factors affecting financial making.
knowledge and behavior. To provide insights that
help improve financial
education and guide future
research.
 To examine the
relationships between
financial knowledge,
financial behavior, and
This study is set in the context
financial decision-making
of financial literacy among
confidence.
college students, focusing on
To identify gaps between
how they handle their
students' financial
financial situations. The Financial Knowledge
knowledge and their actual
research highlights the Financial Behavior Financial
financial behaviors.
growing importance of Decision-Making Confidence
To explore the role of
financial literacy as a vital life Financial Literacy Gap
financial confidence in
skill, especially in ensuring
students' ability to make
financial stability and success
informed financial
for students.
decisions.
To provide insights for
educational and financial
institutions to enhance
financial literacy programs.

To investigate how learning

This study examines the
in tertiary institutions
impact of learning and
influences students'
financial literacy on students'
financial behavior.
financial behavior within the
To analyze the impact of
context of higher education. Financial Literacy
financial literacy on
It focuses on students in the Learning Contribution
students' financial decision-
Faculty of Economics and Financial Behavior
making and actions.
Business at the University of Explanatory Research
To determine whether
Kuningan, aiming to
learning and financial
understand how education
literacy together
contributes to financial
significantly contribute to
decision-making.
students’ financial behavior.
 To investigate how different
levels of financial literacy
affect the rationality of
The abstract discusses the financial decisions among
role of financial literacy in university students.
influencing the rationality of To explore the mediating
financial decisions among role of Delayed Gratification
university students. It in the relationship between
specifically focuses on financial knowledge and the
Chinese college students and rationality of financial
explores how financial behavior. Financial Literacy, Rationality
knowledge, attitudes, To contribute to the existing of Financial Decisions,
behaviors, and skills impact body of knowledge on Delayed Gratification,
their financial decision- financial literacy and Moderated Mediation Model
making. The study is situated deepen understanding of
within the broader context of how financial awareness
managing today's complex shapes financial decision-
financial environment and making rationality.
emphasizes the importance To provide insights that
of financial literacy for could guide educational
students' financial well-being. approaches and initiatives
aimed at improving the
financial health of college
students.

The abstract discusses the

role of financial planning
education in improving
financial literacy among To assess the impact of
students at Maranatha financial planning education
Christian University. Financial on students' financial
literacy is defined as the literacy.
ability to utilize financial To determine whether
institutions and manage there is a change in
personal finances effectively. students' understanding
The university has and scores in managing Financial Literacy, Financial
incorporated financial their finances after taking Planning Education,
planning education into its the financial planning Financial-Fitness Quiz (FFQ),
curriculum since 2007 as part course. Wilcoxon-Test
of the financial management To evaluate the
concentration. The study effectiveness of financial
focuses on evaluating the planning education in
impact of this education on improving specific criteria of
students' financial literacy, financial literacy, such as
particularly in areas such as financial management and
financial management, saving/investment.
saving/investing, insurance,
estate planning, credit, and
shopping.
 The paper's objective is to
This paper investigates the shed light on the critical role
relationship between of financial literacy in
financial literacy and shaping the investment
investment decision-making, behaviors of young adults,
emphasizing the significance emphasizing the need for
of knowledge and better financial education to
understanding in fostering overcome barriers to
sound financial practices. effective investment
decision-making.

The aim of this research is

This research explores the to provide a clearer
influence of financial framework regarding how
knowledge on the financial financial knowledge
behavior of students. influences the financial
behavior of students.
 To examine the relationship
between financial literacy
and investment behavior
among university students.
To understand how
This research delves into the financial knowledge,
critical relationship between attitudes, and skills
financial literacy and influence investment Financial Literacy,
investment behavior among decisions. Investment Behavior,
university students, aiming to To identify factors that Financial Knowledge,
shed light on the extent to contribute to informed and Financial Attitudes, Financial
which financial knowledge responsible investment Skills
and understanding influence choices.
investment decisions. To develop effective
strategies that promote
financial literacy and
empower students to make
well-informed investment
decisions
 Financial Literacy
This study examines the This study aims to explore
Investment Decisions
relationship between the relationship between
Socio-Economic Factors
financial literacy and financial literacy, socio-
Risk Tolerance
investment decisions among economic factors, and
Youth Investors
youth in Himachal Pradesh, investment decisions
Impulsive and Speculative
India among young investors.
Investment
The abstract focuses on the
issue of financial stress
among college students,
This research aims to
which is a significant concern
explore the relationship
due to its impact on mental
between financial literacy
health. The study explores
and financial stress, as well
the relationship between Financial Stress, Financial
as the potential predictors
financial literacy (including its Literacy, Predictors of
of financial stress related to
subscales: spending habits, Financial Stress
financial literacy, including
saving habits, and financial
subscales of spending
knowledge) and financial
habits, saving habits, and
stress. It also investigates
financial knowledge.
potential predictors of
financial stress related to
financial literacy.
 To investigate the link
between student loan debt
and financial stress.

To examine the relationship

between emergency savings
and financial stress.

To analyze how social and

personal resources (e.g.,
financial socialization,
financial self-efficacy, and
financial management
The study examines the
behaviors) moderate
relationship between student
financial stress.
loan debt, emergency savings,
and financial stress among
To explore the role of
college students.
financial socialization
through parents and
financial skills in helping
students cope with financial
stress.

To provide updated insights

into the financial stress
experienced by college
students, particularly in the
context of student loan
debt and emergency
savings.
The study focuses on financial The study aims to
literacy and its implications contribute to the
for students, universities, and understanding of financial
nations, particularly in the cognitive behavior, financial
context of Malaysia. It self-efficacy, and financial
explores how attitudes, emotional well-being, with
socioeconomic status, and practical applications for
sources of financial policymakers, financial
knowledge interact to professionals, and academic
enhance financial literacy institutions.
 Mental Health: Psychological
well-being, including risks of
anxiety, depression, and
substance abuse.

Cognitive Ability: Mental

processes such as memory,
attention, and decision-
making.

Behavior: Actions and habits

influenced by stress, such as
This analysis explores how
social isolation or unhealthy
financial stress impacts health
coping mechanisms.
and success, using a mixed-
methods approach to
Relationships: The quality of
examine effects on immune The research aims to
interpersonal connections,
function, metabolic health, address gaps in
which can be strained by
sleep, mental health, understanding the long-
financial stress.
cognitive ability, behavior, term effects of financial
and relationships. It also stress and its variations
Success Metrics:
evaluates success metrics like across different groups.
Career Growth: Professional
career growth, academic
advancement and job
performance,
performance.
entrepreneurship, and
Academic Performance:
personal development
Achievement in educational
settings.
Entrepreneurship: Success in
starting and managing
businesses.
Personal Development:
Growth in skills, confidence,
and overall well-being.
Biopsychosocial Model of
Health: A framework that
considers biological,
psychological, and social
 Financial Stress: The
psychological strain caused
by financial difficulties or
instability.

Financial Precarity: The state

In a time of increasing of financial insecurity or
economic inequality, lower uncertainty, often
levels of government characterized by insufficient
investment in higher resources to meet basic
education, and rising tuition needs.
costs, students vying for a
college degree experience Academic Outcomes:
financial concerns as Measures of student
important influences on their success, such as grades,
college experience. An The research aims to retention, graduation rates,
emerging body of literature provide a more nuanced and degree completion.
has focused on the understanding of the
relationship between student financial challenges faced Economic Inequality: The
finances and academic by students and their unequal distribution of
outcomes. This study sought impact on academic income and wealth, which
to understand how success. exacerbates financial
community college student challenges for students.
financial situations are linked
to academic outcomes. Financial Knowledge:
Specifically, we examined Understanding of financial
whether financial stress and concepts and practices,
financial precarity are which may influence
associated with students’ students' ability to manage
academic outcomes at 2-year their finances.
institutions.
Community Colleges: Two-
year institutions that serve a
diverse student population,
often including non-
traditional and low-income
students.
niversity Students in Da Nang, Vietnam
Theories used Methods used Result

Literature Review, The results of the paper

Financial Self-Care
Thematic Analysis, Best underscore the critical role of
Theory, Cognitive
Practices financial literacy in enhancing
Behavioral Theory,
Recommendations, students' academic success,
Empowerment Theory,
Comparative Analysis reducing financial stress,
Social Learning Theory,
of Funding Sources, understanding funding sources,
Practical Application of
Target Audience and implementing best practices
Financial Knowledge
Consideration for financial management.

The paper does not

explicitly state the
theories used, it
implicitly incorporates The results of the paper highlight
concepts from the critical role of financial literacy
Literature Review,
behavioral finance, in achieving financial stability, the
Case Studies, Analysis
human capital theory, need for targeted educational
of Disparities,
social learning theory, programs, the existence of
Recommendations for
and equity theory to knowledge disparities, and the
Education Programs
support its findings on overall contribution to economic
the importance of well-being.
financial literacy and its
impact on economic
well-being.

The paper highlights the critical

role of financial literacy in
personal financial management,
Behavioral Finance Literature Review, establishes a strong linkage
Theory, Human Capital Conceptual Analysis, between the two, discusses
Theory, Financial Qualitative Discussion, practical strategies for managing
Capability Framework, Theoretical Framework finances, and emphasizes the
Goal-Setting Theory, Life Application, necessity of financial literacy for
Cycle Hypothesis Descriptive Analysis achieving financial goals. These
results collectively underscore the
importance of enhancing financial
literacy among individuals.
 The research paper "Assessing the
Role of Financial Literacy in
Enhancing Personal Financial
Decision-Making among Students"
Questionnaire Survey, presents several key findings
The paper does not
Sample Size and regarding the impact of financial
explicitly mention
Sampling Technique, literacy on students' financial
specific theories in the
Data Analysis, Focus on decision-making. The key findings
provided contexts
Obstacles are: Improved Decision-Making,
Long-Term Financial Habits, Need
for Financial Literacy Programs,
Economic Benefits, Obstacles to
Financial Literacy

The methods used in

this paper include a
While the paper
systematic literature
identifies key themes The results of this study provide a
review based on
such as financial structured guide for future
PRISMA guidelines,
behavior and financial research and help to identify
analysis of 44 datasets,
knowledge, it does not research gaps that can be
thematic identification
explicitly reference addressed in future studies.
of key factors, and
these theories.
recommendations for
future research.
 The research employs
a questionnaire survey
method with a
convenience sampling
technique to collect
The study underscores the critical
data from 100
role of financial literacy in
respondents. The
enhancing students' financial
The paper does not analysis focuses on
decision-making capabilities and
explicitly outline specific understanding the
advocates for educational reforms
theories impact of financial
to include financial literacy
literacy on personal
training as a fundamental
financial decision-
component of higher education.
making while also
considering the
obstacles faced by
students in acquiring
financial knowledge.

While specific details

of the methodology
are not explicitly
mentioned in the
provided context, the
study likely employs a
The paper does not Addressing this need can
structured approach to
explicitly mention any contribute to economic stability
assess and compare
specific theories used in and prosperity for individuals and
financial literacy
the study society as a whole.
among commerce and
non-commerce
students, focusing on
various aspects of
financial knowledge
and decision-making
While the paper does
not explicitly state these The research method
theories, they provide a uses random sampling The research results showed that
useful framework for with a quantitative financial literacy, lifestyle and
understanding the approach, and data social environment had a positive
influences on students' collection techniques and significant influence on
financial behavior as are carried out through students' financial behavior.
discussed in the questionnaires.
research.
While the paper focuses The results of descriptive analysis
on the quantitative show an average financial literacy
analysis of the of 37.10 and student financial
This research is
relationship between management behavior of 39.30.
quantitative research,
financial literacy and The results of the inferential
with samples taken
financial management analysis show that the calculated t
using purposive
behavior, it does not value (2.832) is in the acceptance
sampling techniques.
delve into these theories area so that the calculated t value
or any other specific is greater than the t table value
theoretical frameworks. (1.701).
 The study employs a
quantitative research
approach. It utilizes
purposive sampling to
The results of the above research
select a sample of
state that financial literacy and
approximately 200
financial behaviour have a
The abstract does not university students.
significant effect on investment
explicitly mention any Data is collected
decisions in college students. The
specific theories through a
Investment Decision Variable can
questionnaire that
be explained by Financial Literacy
uses a Likert scale
and Financial Behaviour by 51%.
ranging from 1 to 5,
allowing for a
structured assessment
of responses

The conclusion calls for a

sustained commitment to
financial education, advocating for
its integration into national
Review of Case educational policies and curricula.
The abstract does not Studies, Comparative This strategic approach aims to
explicitly mention any Analysis, Policy leverage significant economic
specific theories Analysis, Assessment events to reinforce the value of
Methods financial literacy, ensuring that
future generations are equipped
to make informed financial
decisions and contribute positively
to the economy.
 Data Collection: 821
observations (likely The study reveals that financial
through surveys or socialization significantly affects
questionnaires), students' financial behaviors, with
Analysis Technique: financial literacy playing a crucial
The abstract does not
Partial Least Squares mediating role. The findings
explicitly mention
Structural Equation underscore the need for improved
specific theories
Modeling (PLS-SEM), a financial education to equip
statistical method used students better for managing their
to test hypotheses and finances in a fluctuating global
relationships between economy.
variables.
 To assess the financial
knowledge of
Vietnamese students,
the researchers
conducted a random The results revealed that
online survey involving Vietnamese students generally
4,140 university possess very weak financial
students across knowledge. This lack of
Vietnam in 2021. The understanding is particularly
The abstract does not
survey included 11 concerning as it includes students
explicitly mention
questions categorized who are majoring in finance,
theories
into three levels of banking, or economics. The
knowledge: basic, findings suggest that even those
medium, and studying relevant fields are not
advanced. This adequately equipped with
structured approach financial knowledge
aimed to gauge the
depth of financial
understanding among
students
 The study found that financial
knowledge and financial attitude
Qualitative and do not significantly influence
quantitative research students’ spending management.
approach. Instead, two key factors have a
Structural Equation statistically significant impact:
Modeling (SEM) to
analyze the Financial behavior – The most
relationships between influential factor in students'
financial literacy spending management.
components and Parental influence – Parents play a
students' spending significant role in shaping
behavior. students' financial behaviors.
Statistical analysis to These findings suggest that
determine which improving financial behavior and
factors significantly enhancing parental influence are
affect spending more effective in guiding
management. students’ financial management
than simply increasing financial
knowledge or changing attitudes.
Online questionnaire
survey conducted in
2021 with 4,140
randomly selected
The study found that Vietnamese
university students
students have relatively good
across Vietnam.
financial attitudes and behaviors,
Survey Design:
which align with the demands of
2 groups of questions on
modern life. However, their poor
financial attitudes.
financial knowledge significantly
3 groups of questions on
affects these attitudes and
financial behaviors.
behaviors.
Descriptive statistical
analysis to assess trends
in financial attitudes and
behaviors.
Population: 150
business students from
Maranatha Christian
University.
Sampling Method:
Stratified random
sampling to ensure
representation across
different student
batches.
Data Collection: Survey
method to gather This investigation concludes that
responses on the more financially literate the
demographics, students are, the more they
academics, and behave financially. With a better
financial behavior. financial attitude and internal
Analysis: control locus, the students can
Covariance-based manage their money well.
Structural Equation
Modeling (CB-SEM) to
test relationships
between financial
literacy, financial
behavior, financial
attitude, and internal
locus of control.
Probability of critical
ratio statistic to
evaluate hypotheses.

Data Collection: Financial literacy is not evenly

Questionnaire survey distributed among students and is
with 522 university influenced by gender, academic
students. discipline, nationality, and
Analysis Method: financial behaviors.
Regression analysis to The study highlights the
assess statistical importance of tailored financial
relationships between education programs to improve
financial literacy, financial knowledge across diverse
financial opinions, student groups.
financial choices, and The findings provide direction for
demographic/educatio future research on financial
nal characteristics. education strategies.
 The research findings of this study
provide valuable insights for
Research Type:
educational and financial
Descriptive study.
institutions seeking to equip
Data Collection:
college students with the not only
Quantitative analysis of
necessary knowledge but also
financial literacy
develop skills and attitudes to
among college
boost their confidence so as to
students.
achieve financial stability and
success in the future.

Research Approach:
Explanatory research
(examines causal
relationships between The study emphasizes the
variables). importance of financial literacy
Population: Students education in improving financial
from the Faculty of behavior.
Economics and Learning experiences in higher
Business at the education contribute to better
University of Kuningan. financial decision-making.
Sample Size: 100 The findings suggest that
students. universities should enhance
Data Analysis: financial education programs to
Examines the strengthen students' financial
relationship between literacy and behavior.
learning, financial
literacy, and financial
behavior.
 Survey Research: A
detailed survey was
conducted among
Positive Impact of Financial
4676 Chinese college
Knowledge: College students'
students to collect
financial knowledge has a
Delayed Gratification data on financial
significant and positive effect on
Theory: This theory is literacy, Delayed
the rationality of their financial
central to the study and Gratification, and the
actions.
is used to explain how rationality of financial
the ability to delay decisions.
Mediating Role of Delayed
gratification mediates Moderated Mediation
Gratification: Delayed
the relationship Analysis: The study
Gratification partially mediates
between financial employed a moderated
the relationship between financial
knowledge and the mediation model to
knowledge and the rationality of
rationality of financial examine the mediating
financial behavior, indicating that
decisions. role of Delayed
it plays a crucial role in translating
Gratification in the
financial knowledge into
relationship between
responsible financial behavior
financial knowledge
and the rationality of
financial behavior.

Financial-Fitness Quiz
(FFQ): The study used
O’Neill's FFQ to
measure students'
financial literacy
before and after taking
the financial planning Significant Difference in Scores:
course. The results showed a statistically
Wilcoxon-Test: This significant difference in students'
non-parametric financial literacy scores before
The abstract does not
statistical test was and after taking the financial
explicitly mention
employed to planning course.
specific theories, but the
determine whether
study is grounded in the
there were significant Limited Effectiveness: However,
broader concept of
differences in students' the study did not find sufficient
financial literacy and its
financial literacy scores evidence to conclude that
improvement through
before and after the financial planning education
financial education.
course. effectively improved financial
Population Sample: literacy in specific areas such as
The study involved 52 financial management and
students (22 males and saving/investment.
30 females) who took
the financial planning
course during the odd
semester of the
2017/2018 academic
year.
The study adopts a
qualitative approach, Findings suggest that enhanced
relying on a review of financial literacy leads to
existing literature to improved investment behaviors,
analyze the influence while a lack of financial
of financial literacy on knowledge poses significant
young adults' barriers.
investment choices.

It shows that the higher the

financial knowledge of students,
the better their financial behavior,
enabling them to manage their
Using the PRISMA- finances well, such as budgeting,
based Systematic managing debt, and saving.
Literature Review (SLR) Financial education in higher
method education is crucial for shaping
responsible financial behavior, so
appropriate interventions can
help students develop better
financial skills for their future.
qualitative data
collection techniques.
Data Collection:
Online Surveys:
Conducted with a
random sample of 631
respondents.
Interviews and Focus
Groups: Used to gather
qualitative insights.
Data Analysis:
Descriptive Statistics:
Frequency distribution, Financial literacy is a critical
percentage, mean, determinant of investment
standard deviation, behavior among youth.
variance, skewness,
and kurtosis were used Age and socio-economic factors
to synthesize data. significantly influence financial
Cross-Tabulation: knowledge and decision-making.
Demographic
characteristics, Educational interventions aimed
particularly age, were at improving financial literacy can
used to analyze empower young investors to
associations. make better financial decisions
and avoid high-risk behaviors.
Hypothesis Testing:

Chi-Square Test of
Independence: Used to
examine relationships
between categorical
variables.

ANOVA/F-test: Used to
compare means across
different groups.
 Financial literacy and financial
stress are positively correlated
among college students.

Saving habits significantly

A total of 368
influence financial stress levels,
Financial Stress Theory, individuals participated
suggesting that increased financial
Financial Literacy in the study, selected
awareness may heighten
Theory, Behavioral through a simple
sensitivity to financial pressures.
Finance random sampling
method.
Financial education programs
should focus on both financial
management and stress reduction
to improve students' overall well-
being.
 The findings underscore the need
for targeted interventions to
reduce financial stress among
college students, such as:

Promoting financial education and

socialization through parents and
It uses the stress process
educational programs.
model as a theoretical
The research is based
framework to explore
on data from the 2020 Encouraging emergency savings to
how social and personal
Study on Collegiate provide a financial buffer.
resources (e.g., financial
Financial Wellness,
socialization, financial
which includes a large Building financial self-efficacy to
self-efficacy, and
sample size of 25,310 empower students to manage
financial management
students. their finances effectively.
behaviors) influence
financial stress.
The study also highlights the
limitations of social and personal
resources in mitigating financial
stress for student-borrowers,
suggesting that broader systemic
solutions (e.g., reducing student
debt burdens) may be necessary.
Cognitive Behavior
Theory, Financial
Socialization Theory,
Self-Efficacy Theory
 Findings show financial stress
increases risks of high blood
pressure, heart disease, immune
Biopsychosocial Model
suppression, metabolic disorders,
of Health: Used to
anxiety, depression, substance
analyze the biological,
abuse, social isolation, and
psychological, and social Mixed-Methods
diminished life performance. The
factors influencing Approach: The study
study emphasizes the need for
health outcomes under combines quantitative
holistic solutions by uncovering
financial stress. and qualitative
feedback loops between stress
research methods to
and success outcomes. Proposed
Transactional Model of explore the effects of
solutions include financial
Stress and Coping: financial stress on
advising, policy reforms, and
Applied to understand health and success.
personal strategies like financial
how individuals perceive
literacy and stress management. It
and cope with financial
calls for further research into
stress.
innovative interventions,
especially through digital tools
and social support networks.
 The study underscores the need
for institutional and policy
interventions to address financial
This study extends stress and precarity among
current research by community college students.
using a multi-
institutional dataset of It suggests that financial support
21 community colleges programs, counseling services,
and accounting for and financial literacy initiatives
multiple financial could help mitigate the negative
factors in our statistical impact of financial challenges on
models to describe academic outcomes.
community college
students’ financial The research calls for further
situations and studies to explore innovative
knowledge in a solutions for supporting students
nuanced manner. facing financial difficulties,
particularly in the context of rising
tuition costs and economic
inequality.