A research investigation of the knowledge and behavior of high school students in the domain of financial literacy and personal finance

The research study examines the financial literacy levels and behaviors of high school students, focusing on their preparedness for the financial challenges of adulthood. Financial literacy, encompassing skills like budgeting, saving, and investment decision-making, is essential for personal and societal economic stability. Using a mixed-methods approach, this study assesses students' knowledge, decision-making patterns, and the factors influencing their financial behavior, such as socio-economic and educational backgrounds. It also evaluates the effectiveness of existing high school financial education programs. Findings highlight gaps in students' financial competencies, with significant disparities across demographics, and provide evidence-based recommendations to enhance financial curricula. This research underscores the critical role of financial literacy in reducing economic inequalities and enabling young individuals to make informed decisions, fostering their long-term financial well-being and societal contributions.