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With today's complex financial developments, financial literacy is essential because it affects not only corporate financial decisions but also the broader financial well-being of the country's economic and social development. The purpose of this study is to investigate the factors that affect the financial decisions among college and university students in Pakistan. The data was collected through a selfadministered questionnaire. A total of 446 completed and usable questionnaires were collected from Students .The empirical results show that there is a statistically significant relationship between financial literacy and the financial attitude toward the financial decisions, while there is positive relationship between financial socialization and financial decisions. This study is important to understand how these financial literacy and financial attitude with mediating variable affect the financial decisions of young people especially college and university level students. Efforts may be made to strengthen these variables in order to increase the financial literacy rates of these university students.

Ali Asad, Umar Hayat, Asifa Kanwal. (2018) Impact of Financial Literacy and Financial Attitude on Financial Decisions: Mediating Role of Financial Socialization , Journal of Managerial Sciences, Volume 12, Issue 3.
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