“Financial Literacy among School Students: Assessing
Knowledge, Attitudes, and Financial Behaviour for Building
Responsible Future Citizens”
Author: Sunny Singh (Commerce Educator) Email:sunnysinghgmr54@gmail.com
Paper Id:JCRSIVOL1002 (VOLUME 1 / ISSUE 1 / JULY2026)
Citation: Singh, Sunny. (2026). Financial Literacy among School Students: Assessing Knowledge, Attitudes, and Financial Behaviour for Building Responsible Future Citizens. Journal of Classroom Research and School Innovation (JCRSI), 1(1), 11–19.
https://jcrsiindia.com/wpcontent/uploads/2026/08/JCRSIVOL1OO2.pdf
Abstract
Financial literacy has become an essential life skill in the modern world, particularly for school students who are
preparing to become financially responsible citizens. The increasing complexity of financial products, digital
payment systems, and economic decision-making requires individuals to possess adequate knowledge, attitudes,
and skills related to personal finance. This study aims to assess the level of financial literacy among school students
by examining their understanding of basic financial concepts, attitudes toward money management, and financial
behaviour. The paper explores the significance of financial literacy in school education and highlights the role of educational
institutions in developing students’ financial awareness. It discusses the importance of introducing financial
education at the secondary and senior secondary levels to help students make informed decisions regarding saving,
budgeting, spending, and investment. The study also examines factors that may influence financial literacy,
including family background, access to financial information, educational exposure, and socio-economic
conditions.
Keywords: Financial literacy, school students, financial knowledge, money management, budgeting, saving behaviour, financial attitude, personal finance education.