Ghaffar & Sharif (2016) determined the level of financial literacy in Karachi.

Surveyed 300 individuals belonged to Karachi and survey questionnaires were

used to gather primary data based on 10 questions about financial literacy.
Multivariate regression analysis (MRA) and ordinary least squares (OLS)
regressions are used to analyse the hypotheses. Findings indicate that middle-
aged and older people are careful in spending their money. Male respondents
typically have better saving habits. People with higher qualifications and larger
family sizes give their peers financial management advice. Respondents earning
high salaries agree that financial literacy does help one lead a financially secure
life.
Ansari, Albarrak, Sherfudeen & Aman (2022) determined important of literature
on financial literacy in order to help investors learn better. The study comprises a
review of 2182 articles published in peer-reviewed journals and employed
bibliometric techniques. Results indicate institutions and society are increasingly
emphasizing financial literacy to strengthen individual citizens’ responsibilities in
designing their investment strategies.
Junoha, Hidthiirb & Basheer (2019) Examined entrepreneurial financial practices
in Pakistan. Employed resource-based view to analyse the impact of entrepreneur
orientation on SMEs performance. The study has used a survey-based method
and 441 questionnaires were used and partial least square (PLS) is used to analyse
the data. Finding indicate that the impact of individual components of
entrepreneur orientation on performance and access to debt is neglected in this
approach.
Ahmed, Kashif & Ali (2016) assessed the awareness among non-business students
about financial literacy, its importance & financial decision, Survey questionnaire
were conducted on 278 students through the close ended questions along with
quantitative and qualitative data analysis techniques. Outcome signify the most
of non-business students were unable to manage the even personal or home
expenses, because of not having financial information regarding the financial
management
(Ozdemir, Temizel, Sonmez & Fikret Er (2015) investigated the validity of the level
of financial literacy in university student, Sample of 221 student were selected
from the Faculty of Economics and Administrative Sciences students in Turkey.
The financial literacy scale designed for OECD member countries (OECD, 2011)
was used in the study and cluster analysis was obtain to analyse hypotheses.
Findings determined a high level of financial literacy due to the content of the
education the students at the Faculty of Economics and Administrative Sciences
get.
Afsar, Chaudhary, Iqbal & Aamir (2018) demonstrated the impact of financial
literacy and parental socialization on the saving behavior on university students in
Azad Jammu & Kashmir. 400 students of Master of Business Administration were
determined as sample and utilized survey questionnaires. Pearson correlation and
multiple regression analysis are employed by using SPSS. Analyzed that financial
literacy and parental socialization positively leverage the saving behavior of
students and the students who have financial literacy reveal more saving
behavior.
Dwiastanti (2015) understand the financial literacy levels and financial behaviour
of Indonesian society. The survey questionnaire was conducted in 20 provinces
with a total number of respondents of 8,000 people. Descriptive analysis logistic
regression and ANOVA was used that showed financial literacy levels of
Indonesian society is still very low which only reaches 21.84%.
Suhail, Aleemi, Hassan, Imamuddin, & Asadullah (2020) evaluated the financial
proficiency of individual speculators/investors of the Pakistan stock exchange in
Karachi. A convenient sample of 231 Pakistani national financial
specialists/investors is utilized. Regression specification analysis and regression
analysis model LR1 were manipulated, indicated that the financial literacy of
Pakistani speculators’ is correspondingly higher than the average expected level
likewise there is a significant relationship between financial literacy and
investment decision. More specifically, females have a lower level of financial
education than males.
Oseifuah, Gyekye, & Formadi (2018) inspected the level of financial literacy
among undergraduate university students in the northern region of Ghana. An
adapted version of the OECD/INFE (2015) toolkit for measuring level of financial
literacy for a stratified random sample of 342 undergraduate students at the
University of Development Studies (UDS). Logistic regression and Chi-Square
statistical procedures were employed to analyse the data. Result indicates
student’s monthly pocket money rise their tendency to save will also be high is in
heeding with the theory of savings behaviour which posits that saving is a positive
function of disposable income.
Majida, Qureshi & Aftab (2021) evaluated influencing factors i.e., economics,
social, psychological, and access to finance as the forecasters of money
management habits among the university students in Pakistan. Due to the
existence of Covid-19 convenient sampling technique was used and quantitative
survey method along with 405 self-administered questionnaires were distributed.
Multiple regression analysis was directed to measure the factors. The outcomes
show that all the factors have a positive and scientifically obvious effect on the
money management behaviour of university students in Pakistan.