A Study of Financial Knowledge and Financial Behaviour of Generation Z: Evidence from Haryana
Keywords:
Haryana, Financial BehaviourAbstract
The study is conducted on the generation z in India to see the level of financial literacy. The study is done with a view of projecting the financial well-being of the economy as the generation z is the future of economy. The study shows that the problem of men being more financially literate than women which was the case with older generations is same in generation z also. The study also shows the irrational behaviour of generation z in choosing the source of help needed in taking financial decisions being not financially literate themselves.
References
Afgani, K. F., Pringgabayu, D., Waruwu, F., & Clement, M. (2021). The Effect of Financial Literacy on Generation Z’s Stock Market Participation in Bandung City. International Journal of Bussiness Marketing and Management, 6(8), 44–50.
Ayuningtyas, M. F., & Irawan, A. (2021). the Influence of Financial Literacy on Bandung Generation Z Consumers Impulsive Buying Behavior With Self-Control As Mediating Variable. Advanced International Journal of Business, Entrepreneurship and SMEs, 3(9), 155–171. https://doi.org/10.35631/aijbes.39012
Beck, J. J., & Garris, R. O. (2019). Managing personal finance literacy in the United States: A case study. Education Sciences, 9(2). https://doi.org/10.3390/educsci9020129
Edwy, F. M., Anugrahani, I. S., Setiaji, Y. T., & Pradana, A. F. (2022). Determinant of Financial Literacy in Generation Z. International Journal of Social Science Research and Review, 5(1), 106–114. https://myjms.mohe.gov.my/index.php/ijssr/article/view/11594/5554
Klapper, L., Lusardi, A., & Oudheusden, P. van. (2017). Financial literacy around the world: An overview. In Journal of Pension Economics and Finance (Vol. 10, Issue 4). https://doi.org/10.1017/S1474747211000448
Mikhratunnisa, & Ananda, N. A. (2020). Financial Literacy Affects Financial Behavior Through Financial Attitude as an Intervening Variable. International Journal of Innovative Science and Research Technology, 5(12), 981–985. https://ijisrt.com/assets/upload/files/IJISRT20DEC591.pdf
Mohammed Esmail Alekam, J., Salniza Bt Md. Salleh, M., & Sanuri bin Mohd. Mokhtar, S. (2018). The Effect of Family, Peer, Behavior, Saving and Spending Behavior on Financial Literacy among Young Generations. International Journal of Organizational Leadership, 7(3), 309–323. https://doi.org/10.33844/ijol.2018.60258
Pangestu, S., & Karnadi, E. B. (2020). The effects of financial literacy and materialism on the savings decision of generation Z Indonesians. Cogent Business and Management, 7(1). https://doi.org/10.1080/23311975.2020.1743618
Philippas, N. D., & Avdoulas, C. (2020). Financial literacy and financial well-being among generation-Z university students: Evidence from Greece. European Journal of Finance, 26(4–5), 360–381. https://doi.org/10.1080/1351847X.2019.1701512
Utami, N., & Sitanggang, M. L. (2021). The Analysis of Financial Literacy and Its Impact on Investment Decisions: A Study on Generation Z In Jakarta. Inovbiz: Jurnal Inovasi Bisnis, 9(1), 33–40. https://doi.org/10.35314/inovbiz.v9i1.1840
