Financial literacy has become on focus of many research studies. Evidences have shown that financial literacy is beneficial for individuals, families and the community as it increases efficiency and financial wellness, improve the quality of living and makes the society more financially active. In addition, it is widely known that university student constitutes one of the most key segment of population. During this period, most students start to become financially independent and take financial responsibility. Studies undertaken in developed and developing countries have demonstrated that university students do not manage wisely their personal finance. One of the main factors found to influence their financial literacy is parental income. The purpose of this study is to explore the importance of students' financial literacy and whether there is any linkage between parental income and students' financial literacy. The main objectives of this research are: i) firstly, to review the existing literature regarding different definitions of financial literacy and its benefits. ii) secondly, to evaluate how financially literate are Albanian university students; ii) thirdly, to examine whether financial literacy differs based on the level of students' parental income; and iii) finally, to draw some conclusions and recommendations to improve student's financial literacy. An instrument comprised of personal finance and personal characteristics is administered to 637 students in Albania. The One Way Welch ANOVA and multiple comparison technique are utilized to analyze the data. The results indicate that student's financial literacy is influenced by their family income.

This research explores the differences on Financial Attitudes among

Financial literacy is shown to be an important life skill for people. It influences people every day financial decisions and has a macro impact on the economy and financial satisfaction of the society. Studies revealed financial literacy to cover three dimensions: financial knowledge, financial attitude and financial behavior. This research aims to examine the interrelationship between the three components of financial literacy. The main objectives of the current research are: a) firstly, to provide some evidences of the existing literature on the linkage between financial knowledge, financial attitude and financial behavior; b) secondly, to inspect this association in the case of Albanian university students; c) thirdly, to investigate the mediating effect of financial attitude on the connection between financial knowledge and financial behavior; d) finally, to present some conclusions and recommendation for parents, school and future researchers. The main research questions addressed in this study are: 1) Is there any relationship between students’ financial knowledge and their financial attitude and behavior in the case of Albania? 2) Does financial attitude serve as a mediator factor between financial knowledge and financial behavior? The database for this investigation is provided by a survey conducted on 637 students from eight universities in Albania and is part of my dissertation study. Person correlation technique and linear regression model will be employed to analyse the database. Results of this study demonstrate a statistically significant relationship between the three components of financial literacy. In addition, financial attitude is discovered to play a mediating effect on the association between financial knowledge and financial behavior. Future research can be undertaken to explore whether financial knowledge serves as a mediator in the linkage between financial attitude and financial behavior.

Financial literacy is shown to be an important life skill for people. It influences people every day financial decisions and has a macro impact on the economy and financial satisfaction of the society. Studies revealed financial literacy to cover three dimensions: financial knowledge, financial attitude and financial behavior. This research aims to examine the interrelationship between the three components of financial literacy. The main objectives of the current research are: a) firstly, to provide some evidences of the existing literature on the linkage between financial knowledge, financial attitude and financial behavior; b) secondly, to inspect this association in the case of Albanian university students; c) thirdly, to investigate the mediating effect of financial attitude on the connection between financial knowledge and financial behavior; d) finally, to present some conclusions and recommendation for parents, school and future researchers. The main research questions addressed in this study are: 1) Is there any relationship between students' financial knowledge and their financial attitude and behavior in the case of Albania? 2) Does financial attitude serve as a mediator factor between financial knowledge and financial behavior? The database for this investigation is provided by a survey conducted on 637 students from eight universities in Albania and is part of my dissertation study. Person correlation technique and linear regression model will be employed to analyse the database. Results of this study demonstrate a statistically significant relationship between the three components of financial literacy. In addition, financial attitude is discovered to play a mediating effect on the association between financial knowledge and financial behavior. Future research can be undertaken to explore whether financial knowledge serves as a mediator in the linkage between financial attitude and financial behavior.

This study investigates the differences on Financial Behaviour among