Taking Ownership of the Future: Developing Practical Money Skillsamong the Youth in Emerging Economies

Jehangir Bharucha
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Jehangir Bharucha: Associate Professor in Economics and Director, Post Graduate Studies,H R College of Commerce and Economics, Mumbai, India

International Journal of Business and Economic Affairs (IJBEA), 2016, vol. 1, issue 1, 13-20

Abstract: Financial literacy is critical to the prosperity and well-being of people. The present research was undertakenin India to examine the level of nancial literacy among the youth and to understand whether it is linked to any othervariables. It attempts to arrive at a mean score of nancial literacy by evaluating the knowledge of the respondents in vemain subject areas of nancial literacy with a series of fty questions. This research also recommends the best practicesto impart nancial education to the youth in emerging markets.

Keywords: Expenditure; Financial literacy; Financial planning; Youth (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:aya:ijbeaa:2016:p:13-20

DOI: 10.24088/IJBEA-2016-11003

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