A Comprehensive Study of Financial Literacy Among Youth: Determinants, Impacts, and Behavioral Shifts

This research paper investigates the current state of financial literacy among the youth (aged 18– 30) in the post-pandemic digital economy. Despite the proliferation of fintech applications and digital banking, there remains a significant gap between financial tool accessibility and functional financial knowledge. This study utilizes a mixed-methods approach, combining quantitative survey data from a dummy sample of 1,500 participants and qualitative analysis of recent literature (2020– 2025). Key findings suggest that while digital literacy is high, conceptual understanding of compound interest, inflation, and risk diversification remains critically low. The study concludes with actionable recommendations for educational institutions and policymakers to integrate experiential financial learning into core curricula.