important. Financial education is beneficial.

The concept

taught in that type of curriculum was valued. Wherein, in our

study it is imperative that educators begin to equip students

with the knowledge and be aware of money management, income,

saving and spending. The study can provide our people an idea and

learning to prevent fraud and take charge of their finances.

Aren & Aydemir (2014), financial literacy is suggested as a

probable endogenous variable in some research. In this point,
studies should concentrate on the other financial literacy
predictors beyond demographics. Similarly to the previous one,
many financial decisions are made under uncertainty, hence
necessity risk taking. Making a financial decision often goes
beyond knowing and using financial issues. Herein, individuals’
attitudes toward uncertainty, their tradeoffs between today and
the future, their tolerance toward risk may have an important
role on the financial decision making process. Therefore, risk
awareness, time preferences as probable predictors of a financial
decision should have been examined by the researchers. The main
objective of this report is to learn about the state of knowledge
regarding the role of financial literacy as a complex barrier to
postsecondary