Financial literacy among the youth-their perception and participation in investment decisions
ayal Rani and Reena Rani
The youth of today decide the future of any country. Gone are those days when people believed only in saving and locking it in heavy Iron Tijories. With the passage of time, people learn the importance of investing their savings because they understand that, due to inflation, the value of money decreases over a period of time. To maintain or increase its value, it is very much necessary to invest money in profitable investment opportunities. These opportunities are increasing day by day, and financial literacy plays a significant role in selecting the best investment options among many. ‘Money begets money" proves itself if it is invested wisely; otherwise, money has wings if wrong decisions are taken regarding money. For the future prospects of any country, youth should be literate, and among all types of literacy, financial literacy plays a very crucial role. Living conditions can never remain the same throughout a person's life. A person can always be happy if money is wisely invested to prepare for life's rainy days. Our paper will try to understand the perceptions of youth about themselves with regard to their level of financial literacy. This paper will clarify the picture about the knowledge of youth about different investment options and their participation in their family’s investment decisions.
ayal Rani, Reena Rani. Financial literacy among the youth-their perception and participation in investment decisions. Int J Finance Manage Econ 2025;8(1):10-15. DOI: 10.33545/26179210.2025.v8.i1.443