Authors :
Mohammed M. Sulaiman Ebrahim; Asif Akhtarb; Ali Thabit; Amgad S. D. Khaled
Volume/Issue :
Volume 9 - 2024, Issue 9 - September
Google Scholar :
https://tinyurl.com/4wzz9fad
Scribd :
https://tinyurl.com/2ujkc6tf
DOI :
https://doi.org/10.38124/ijisrt/IJISRT24SEP707
Note : A published paper may take 4-5 working days from the publication date to appear in PlumX Metrics, Semantic Scholar, and ResearchGate.
Abstract :
In a country like Yemen, where people exist
on meager incomes and struggle to make ends meet,
poverty is widespread. There is an urgent need to
maintain, administer, and set aside funds for
emergencies. This study aims to investigate the level of
financial awareness and knowledge among
undergraduate students in Yemen. Students in higher
education are expected to take responsibility for
managing their expenses, indicating a strong level of
financial understanding. The study relied on primary
data collected from a randomly selected sample of
people. A total of 218 students at Hodeida University in
Yemen were randomly selected to participate in the
study. The Statistical Package for the Social Sciences
(SPSS) was used to analyze the data. The results show
that the level of financial awareness among
Undergraduate Students at Hodeida University in
Yemen is high, and also observed that males, on average,
have financial knowledge more than females.
In this light, the research adds to the body of
information on financial awareness by illustrating the
significance of financial literacy and access to financial
knowledge among Yemeni undergraduate students.
Finally, we strongly recommend academics, teachers,
legislators, financial institutions, and governments make
financial education a mandatory element of every
school's curriculum, regardless of the level.
Keywords :
Financial Awareness, Financial Literacy, Financial Knowledge.
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In a country like Yemen, where people exist
on meager incomes and struggle to make ends meet,
poverty is widespread. There is an urgent need to
maintain, administer, and set aside funds for
emergencies. This study aims to investigate the level of
financial awareness and knowledge among
undergraduate students in Yemen. Students in higher
education are expected to take responsibility for
managing their expenses, indicating a strong level of
financial understanding. The study relied on primary
data collected from a randomly selected sample of
people. A total of 218 students at Hodeida University in
Yemen were randomly selected to participate in the
study. The Statistical Package for the Social Sciences
(SPSS) was used to analyze the data. The results show
that the level of financial awareness among
Undergraduate Students at Hodeida University in
Yemen is high, and also observed that males, on average,
have financial knowledge more than females.
In this light, the research adds to the body of
information on financial awareness by illustrating the
significance of financial literacy and access to financial
knowledge among Yemeni undergraduate students.
Finally, we strongly recommend academics, teachers,
legislators, financial institutions, and governments make
financial education a mandatory element of every
school's curriculum, regardless of the level.
Keywords :
Financial Awareness, Financial Literacy, Financial Knowledge.