{"id":3507,"date":"2024-03-26T12:01:45","date_gmt":"2024-03-26T09:01:45","guid":{"rendered":"https:\/\/nor-ijournal.com\/?p=3507"},"modified":"2024-04-04T19:12:51","modified_gmt":"2024-04-04T16:12:51","slug":"129-1","status":"publish","type":"post","link":"https:\/\/nor-ijournal.com\/ru\/2024\/03\/26\/129-1\/","title":{"rendered":"Brikena Leka, Etleva Bajrami, Gentiana Sharku, Drilona Mulaj – COLLEGE STUDENTS AND FINANCIAL DECISION MAKING \u2013 AN ANALISYS BASED ON THE ASSESSMENT OF FINANCIAL EDUCATION"},"content":{"rendered":"
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COLLEGE STUDENTS AND FINANCIAL DECISION MAKING \u2013 AN ANALISYS BASED ON THE ASSESSMENT OF FINANCIAL EDUCATION <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Brikena Leka
<\/strong>\u00a0Associate Proffesor, Faculty of Economics, University of Tirana
<\/em>Etleva Bajrami
<\/strong>Associate Proffesor, Faculty of Economics, University of Tirana
<\/em>Gentiana Sharku
<\/strong>Proffesor, Faculty of Economics, University of Tirana
<\/em>Drilona Mulaj
<\/strong>PhD Candidate, Faculty of Economics, University of Tirana<\/em><\/p>

Abstract
<\/strong>This article focuses in the assesment of the financial literacy level of students that attends college with no economic background. The level of financial education is very important for all individuals, but it takes a special importance for young people, since they are the ones who will encounter innovative products and services in their financial decisions for a longer time and they must be prepared for it. A low level of financial education means an increased risk in current and future decision-making, which would affect the quality of life of Albanian citizens. In order to evaluate the financial education level of students in addition to the descriptive analysis, are calculated: the global index for the level of financial literacy, as well as three partial indices for the level of: financial knowledge, financial attitude and financial behavior. To calculate the indices, primary data collected from the questionnaire were used and then the answers for each student were evaluated with points depending on the wrong or right answer, and then the evaluation was done on a scale from 1 to 100. The most important findings of the paper conclude with a low level of the index of financial knowledge, and a satisfactory level for the indices of financial attitude and financial behavior, concluding with an average value for the global index of financial education of students.<\/p>

Keywords:<\/strong> financial literacy, knowledge, attitude, behavior, indices<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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