According to Tetangco (2015), emphasised the necessity of financial awareness for

Millennials. They are and will continue to be essential decision-makers in business

and industry. An investigation carried out among undergraduate students at various
US institutions and universities States found that the majority of college students were
anxious about their financial situation indicated unethical financial behaviour.
(Grabmier, 2015).

As indicated by Mahdzan & Tabiani (2013), increasing financial literacy contributes

to improved a far more pertinent concern among college students is financial
decision-making for better planning and management of life events like education,
housing purchase, or retirement. The necessity of guiding college students towards a
greater degree of personal schools should consequently take financial responsibility
seriously.

As explained by Sollano et al. (2018), that students who receive a daily allowance at
school are privileged to excellent marks or the capacity to perform well in class. The
table shows whether the daily allowance to the student varies from 21 to 41 and
higher, with the majority of students having daily allowances between 41 and higher.
Additionally, the majority of students' academic achievement levels are discovered to
be between 85 and 89 on average, which is described as "satisfactory" in relation to
grades. As a result, the researchers draw the conclusion that a meaningful association
exists between the academic achievement of the pupils and the social position of their
parents.

Based by Bona (2018), numerous studies have revealed that students tend to
purchase products that pique their attention in relation to the product and cost. To
develop better financial practices, students need to set aside time to make tangible
steps to assist them in monitoring their spending. Initially, they must make their own
budget and adhere to procedures to make it better. They can keep track of their
spending and see how much they spend on clothes by keeping an expense log.
electronics and entertainment. They must remember to set aside funds for savings
since a well-planned budget has savings. Lastly, they ought to have a cheerful
outlook. This study was unable to measure the amount that students spent in terms of
of monetary terms since its essence was more qualitative.

According to Manju (2016), controlling your spending and keeping a tight rein on
your monetary outlays is not only a smart habit, but it also helps with financial
achievement, which is crucial for the future. Given that youth is far more significant
function in our nation, it is crucial to keep an eye on how they behave when it comes
to money matters. Financial administration involves creating a budget, setting aside
money, investing it, spending it, and tracking how much money is used overall.
Regarding the pupils, they consider shopping to be a social freedom, and they are
constantly aware of the newest styles in trend in monetary terms, as it was mostly
qualitative