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August 17, 2025ADVANCES IN BUSINESS RESEARCH INTERNATIONAL JOURNAL

Financial Literacy: A Peep into the Literature and Note for Policy

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Authors

AMAlhassan MusahIYIbrahim Nandom YakubuMAMatthew Amalitinga Abagna

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Overview

Literature review assesses financial literacy determinants and impacts on financial decision making, suggesting policy enhancements.

Key Points

  • Financial literacy influences financial decision making, revealing a need for tailored educational programs.
  • Emerging research highlights that young people and women struggle with basic financial concepts, impacting financial well-being.
  • Using a literature review approach, various studies underscore gaps in financial literacy research, particularly in Africa.
  • Policy adjustments are essential for aligning financial literacy programs with the needs of diverse demographic groups.

Cite This Study

Musah et al. (2022) studied this question.

synapsesocial.com/papers/68c236dfb210217d647763d6https://doi.org/10.24191/abrij.v8i2.4309
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Also Consider

Synapse has enriched 5 closely related papers on similar clinical questions. Consider them for comparative context:

  1. 1Exploring the Role of Financial Literacy in Enhancing Financial Inclusion Across Demographic Groups2025
  2. 2Financial literacy among young college students: Advancements and future directions 2025
  3. 3Understanding the Impact of Financial Literacy on Investment Decision-Making: A Systematic Review of Behavioral and Demographic Influences2025 · 1 citations
  4. 4Determinants Of Financial Literacy And Investment Fraud: A Systematic Literature Review2025
  5. 5FINANCIAL LITERACY AS A CATALYST FOR SUSTAINABLE ECONOMIC DEVELOPMENT AMONG RURAL HIGHER EDUCATION STUDENTS2025