Özet:

Financial literacy is a critical aspect of our lives. When taught early, it provides life skills for young adults to make use of now as well as in the future. It can help individuals go from surviving to thriving. Financial education isnt taught in schools and colleges but is very essential to live in these times. A person not only learns how to survive in a capitalist world, but also how to grow and preserve their money. This project focused on what young adults currently know about money management and to provide recommendations to increase their financial acumen. The research also compares the responses of several questions from students in India (New Delhi) and students in the United States (Massachusetts).The goals of this project were three -fold: 1. Conducted research on the literacy models used to assess knowledge and skills regarding financial literacy in general 2. Created a survey instrument based on the research and administered the survey to participants 3. Created a set of recommendations and observations based on the survey results in the form of an infographic.To accomplish this goal a simple questionnaire, created from a composite of several internationally known literacy programs, was administered to individuals of ages 18-22. A series of  15 recommendations resulted from the analysis of the survey results and were disseminated through the use of an infographic. One of the results was that only 50% of the indian population knew in detail about the concept of interest and inflation rates. 

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