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Financial Literacy and Its Impact on Personal Investment Decisions Among College Students

2023 · College of Business, Entrepreneurship and Accountancy

Archived: July 2026

Ana Bautista · et al.

Abstract

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This research investigates the relationship between financial literacy levels and personal investment behavior among Filipino college students.

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CBEA

College of Business, Entrepreneurship and Accountancy

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Keywords:

financial literacy investment behavior college students personal finance portfolio diversification

References

Lusardi, A., & Mitchell, O. S. (2014). The economic importance of financial literacy: Theory and evidence. Journal of Economic Literature, 52(1), 5–44. https://doi.org/10.1257/jel.52.1.5

Mangundayao, I. T., & Garcia, R. P. (2021). Financial literacy among Filipino college students: A basis for financial education program. International Journal of Business and Management, 16(5), 34–48.

OECD. (2020). PISA 2018 results (Volume IV): Are students smart about money? OECD Publishing. https://doi.org/10.1787/48ebd1ba-en

Rooij, M. C., Lusardi, A., & Alessie, R. J. (2011). Financial literacy and stock market participation. Journal of Financial Economics, 101(2), 449–472. https://doi.org/10.1016/j.jfineco.2011.03.006

Publication Information

College: College of Business, Entrepreneurship and Accountancy
Category: Research Paper
Publication Year: 2023
Date Archived: Jul 2026

Authors

A
Ana Bautista
E
et al.

College

CBEA

College of Business, Entrepreneurship and Accountancy