Published Paper Details:

Despite having similar levels of education, income, and financial backgrounds, individuals often display notable differences in the financial assets they accumulate. This disparity can be attributed to varying attitudes toward financial management, which are shaped by a person's financial knowledge and behaviour. When individuals adopt sound financial behaviours--such as budgeting, saving, and investing--they are better equipped to achieve major life goals, including funding children's education, planning weddings, and securing retirement. Financial behaviour is influenced by several factors, including personal financial knowledge, family financial history, peer interactions around investments, and broader social influences. Demographic variables such as education level and gender may also impact an individual's financial knowledge and behaviour.This study examines the role of gender and education in shaping financial knowledge and behaviour using non-parametric statistical methods. Our findings suggest that education has a significant influence on financial knowledge, while gender does not exhibit a statistically significant effect. Furthermore, we observed that financial behaviour is strongly associated with the level of financial knowledge a person possesses.