Impact of Financial Literacy on the Financial Behaviour of College Students : A Study of University of Delhi

This study explores the impact of financial literacy on the financial behaviour of college students in Delhi, India.In today's complex financial environment, young individuals are exposed to diverse products such as digital wallets, credit facilities, and investment platforms, making financial literacy a critical life skill.The research examines whether students with higher financial knowledge, stronger financial attitudes, and greater confidence demonstrate more responsible financial behaviour, including budgeting, saving, borrowing, and investing.Drawing on global frameworks such as the OECD/INFE toolkit and the S&P Global FinLit Survey, the study situates financial literacy as a multidimensional construct encompassing knowledge, attitude, confidence, and behaviour.The Indian context, marked by rapid digital inclusion and social media influence, adds unique challenges and opportunities.By focusing on college students in Delhi, the research highlights the role of financial literacy in shaping habits during a transitional stage of life, with implications for long-term financial well-being and inclusion.(