Financial Literacy and Investment Behaviour: Unravelling the Linkages in Personal Finance Management

Abstract

Financial literacy plays a crucial role in empowering individuals to make informed financial decisions and secure their financial futures. This study aims to investigate the relationship between financial literacy and investment behaviour, with a focus on identifying key financial literacy parameters that significantly influence investment decisions. A mixed-methods research approach was employed, encompassing quantitative analyses of financial literacy parameters through correlation and regression analyses, complemented by qualitative insights derived from expert interviews and literature review.