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Evaluation of the Attitudes and Behavior of University Students on Financial Literacy

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  • Gökçe Tekin Turhan

    (Nisantasi University)

Abstract

Economic developments and financial liberalization have increased the participation of individuals in the financial system, and the abundance of complicated financial decisions made financial literacy more important and relevant than before. An educated perception of the national and international markets has become an important skillset for both the individual and society. Financial literacy of the individual affects not only her own daily life but also the efficiency of the financial system for the society. Increasing financial literacy of the youth is especially critical for the household and the overall economy for countries with a young population such as Turkey. The aim of the study is to determine the financial literacy attitudes and behavior of 1100 university students studying in different faculties of a private university and to reveal significant differences based on certain demographic characteristics.

Suggested Citation

  • Gökçe Tekin Turhan, 2020. "Evaluation of the Attitudes and Behavior of University Students on Financial Literacy," Journal of Finance Letters (Maliye ve Finans Yazıları), Maliye ve Finans Yazıları Yayıncılık Ltd. Şti., vol. 35(114), pages 375-400, October.
    • Handle: RePEc:acc:malfin:v:35:y:2020:i:114:p:375-400
    DOI: https://doi.org/10.33203/mfy.711089
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    More about this item

    Keywords

    Financial Literacy; Financial Attitudes; Financial Behavior; University Students; Youth and Finance; Financial Decision Making;
    All these keywords.

    JEL classification:

    • C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Estimation: General
    • G00 - Financial Economics - - General - - - General
    • G02 - Financial Economics - - General - - - Behavioral Finance: Underlying Principles

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