Exploring the Impact of Financial Literacy on Financial Satisfaction Among Youth: Mediating Role of Financial Behavior

Abstract

Analyzing the financial habits of youth has become a substantial topic of interest in recent years. This research examines the association between financial literacy, behavior, and satisfaction among youth. The knowledge, skills, and attitudes essential to making choices related to financial matters form financial literacy. Financial behavior encompasses spending habits, saving practices, and debt management. Financial satisfaction represents how content a person feels about their present financial situation. The research investigates how financial literacy levels influence financial behaviors and how these behaviors, in turn, affect financial satisfaction. The study aims to identify how awareness and literacy on personal financial management can influence financial satisfaction among youth.