The Impact of Financial Literacy on Investment Decisions among Young Adults

Author(s): BB Hrulekha and Dr. Parul Tandan

Abstract:

This study explores the impact of financial literacy on investment decisions among young adults aged 18 to 35. By analyzing survey data, the research reveals a strong positive correlation between financial knowledge and investment confidence, risk tolerance, and decision-making quality. Findings indicate that individuals with higher financial literacy are more likely to make informed, diversified, and confident investment choices. The study underscores the critical role of financial education in fostering sound financial behavior and long-term stability. It highlights the need for targeted educational programs to empower young investors. The research contributes valuable insights for educators, policymakers, and financial institutions striving to enhance financial well-being.

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Pages: 148-153     |    2 View     |    0 Download