Financial literacy among working youths in Kuala Lumpur

Financial literacy among working youths is a global concern. This includes alarming problems, such as the high bankruptcy levels among working youths and weaknesses in managing finances, including debt, personal finance, and savings. The OECD has provided a framework that assesses financial attitude, financial behavior, and financial knowledge to determine the level of financial literacy among working youths. This study targeted individuals among working youths in Kuala Lumpur. The study was conducted among 157 working youths using a convenience sampling method. The findings of the study reveal that all variables are significantly associated with financial literacy among working youths. Future research is suggested to focus on expanding the study to include working youths in the greater Klang Valley in order to gain a more comprehensive understanding of financial literacy among this population.