| Abstrakt: |
Purpose: This study examined the factors affecting university students' financial decisions in Pakistan. Design/methodology/approach: Structural equation models were used to analyze data from 300 university students using a questionnaire. Students' financial decisions were used as the dependent variable, while financial literacy, money ethics, money attitude, time preference, financial experience, and financial specialization agents were the independent variables. Findings: Resultantly, power, personal financial literacy, achievement, financial behavior, avoidance, reward for efforts, financial experience, financial attitude, financial socialization agents, and time preference influence the students' financial decisions. Practical implications: The findings are useful for financial and educational institutions and policymakers who design academic courses. Originality/value: This study measured the effects of several critical contextual areas regarding financial literacy and students' decisions in Pakistani universities. [ABSTRACT FROM AUTHOR] |
