• Sreeja A
• Sreeraj N R

Financial literacy is basically the ability of an individual to understand of the basic functions of money and markets. It is the process by which individuals gain an understanding of their financial situation and learn how to strengthen it over a period of time by inculcating the financial habits of savings, budgeting, planning and hence making the right financial decisions. Financial literacy is very important now a days for each individual to take basic financial decisions. The main objective of this study is to assess the financial literacy among college students in Ernakulam District. The data for this study is collected through primary source with the help of well- structured questionnaire using systematic random sampling technique. The data has been collected from 120 respondents. SPSS is the tool used to analyse the data. The study shows that there is a significant difference between the financial literacy among college students in Ernakulam. It is found that it is the females who has a better level of financial knowledge than the males. The study concludes that the financial literacy is essential for taking sound financial decisions and for which imparting of financial education among college students is of utmost importance. The study can act as guideline for the banks, NBFC’s and policy makers for understanding the role of financial literacy among the college students.

Keywords- Financial literacy, Money, SPSS, Financial knowledge, Financial decisions, NBFC

"FINANCIAL LITERACY AMONG COLLEGE STUDENTS IN ERNAKULAM DISTRICT", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 6, page no.610-618, June 2019, Available :http://www.jetir.org/papers/JETIR1907D85.pdf

"FINANCIAL LITERACY AMONG COLLEGE STUDENTS IN ERNAKULAM DISTRICT", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 6, page no. pp610-618, June 2019, Available at : http://www.jetir.org/papers/JETIR1907D85.pdf