Abstract:

The study aims to determine the correlation between financial knowledge levels and socio-demographic and socio-economic variables of university students.  Study sample consisted of a total of 2050 students and the study was carried out using a general survey model. In the analysis of data, parametric tests (t-test and ANOVA) and non-parametric tests (Mann Whitney U and Kruskal-Wallis H) were used. Study results indicated that financial literacy levels of Balikesir University students were low. It was concluded that gender, age, type of education, educational field and level, academic achievement, working experience, family education and income and credit card ownership were basic determinants of financial literacy level. In addition, it was determined that television was more effective on financial literacy, compared to other financial information sources. In this framework, it should be considered that including financial literacy courses and application studies in the curricula may increase the financial literacy levels of students.          

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