DETERMINATION OF FINANCIAL LITERACY LEVEL AND FACTORS AFFECTING FINANCIAL LITERACY

Abstract

Financial literacy ensures that people make basic decisions in daily life and make effective decisions in investment decisions. Effective decisions are made to support the development of both the individual and society as well as the country. For these reasons, financial literacy addresses all societies in the world. In addition, the variety of financial instruments known with financial literacy is increasing. In this study, the factors affecting the financial literacy of the students studying at Aksaray University Faculty of Economics and Administrative Sciences were examined. Moreover, financial literacy levels of students in Aksaray University Faculty of Economics and Administrative Sciences were examined. As a result of the research; It is determined that students' financial literacy level is quite low or even mathematical problems are found below. It was determined that the level of financial literacy of the students consisted mostly of information obtained from internet sources. In addition; the level of financial literacy; family income, father's occupation, having a credit card, credit card limit, paying the minimum amount of credit card, income-expenditure level, basic financial information, financial literacy education, which financial resources are invested by which sources of information and financial literacy adequacy factors It was. Although this study was carried out at the micro level, the majority of the results obtained affect the society at the macro level.