A STUDY OF THE FACTORS INFLUENCING FINANCIAL LITERACY AMONG UNIVERSITY STUDENTS IN MALAYSIA

The ability to handle one's finances wisely depends on one's level of financial literacy, which is why financial literacy is so vital. The study aims to investigate how financial education (FE), money attitude (MA), and financial socialization agents (FSA) influence financial literacy (FL) among Malaysian university students. The data for this study were gathered using a survey. This study's sample consists of 120 university students in Malaysia. The regression analysis in SPSS software is used to investigate the relationship between variables. The findings indicated a significant positive correlation between FE and FL, whereas a significant negative correlation exists between MA and FL. Additionally, there exists no substantial correlation between FSA and FL. The findings of this study will enhance the existing knowledge base and establish a fundamental basis for devising strategies to enhance the financial literacy of college students in Malaysi