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ASCENDANCY OF FINANCIAL EDUCATION TO ESCALATE FINANCIAL CAPABILITY OF YOUNG ADULTS: CASE OF PUNJAB, PAKISTAN |
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| รหัสดีโอไอ | |
| Creator | Tayyba Noreen, Mazhar Abbas, Muhammad Salman Shabbir, Basheer M. Al-Ghazali |
| Title | ASCENDANCY OF FINANCIAL EDUCATION TO ESCALATE FINANCIAL CAPABILITY OF YOUNG ADULTS: CASE OF PUNJAB, PAKISTAN |
| Contributor | - |
| Publisher | TuEngr Group |
| Publication Year | 2562 |
| Journal Title | International Transaction Journal of Engineering, Management, & Applied Sciences & Technologies |
| Journal Vol. | 10 |
| Journal No. | 15 |
| Page no. | 10A15F: 1-11 |
| Keyword | Financial knowledge, Financial attitude, Financial behavior, Financial skills, Non-business students. |
| URL Website | http://tuengr.com/Vol10_15.html |
| Website title | ITJEMAST V10(15) 2019 @ TuEngr.com |
| ISSN | 2228-9860 |
| Abstract | This study assesses the impact of financial education on financial capability (literacy) of young adults in Punjab, Pakistan. Combination of objective financial knowledge, financial attitudes and financial behaviors constructed financial capability. Results indicate that business students are more financially capable than non-business students. The result of the study reveals that Master?s degree level education in finance has significant positive impact on financial capability as compared with study of finance in other education levels. The financial education index has highly significant positive impact on financial knowledge, financial attitudes and financial capability index. However, financial education does not improve the financial behaviors of young adults. Moreover, the results also revealed that degree in finance has positive association with financial capability. |
