Abstract:
Financial - literacy or monetary - management knowledge has become inevitable, because today's world market is flooded with complex products. Taking into account people's consumption habits and desire for all materials, it is imperative to instill finance related knowledge or infom1ation in people. In recent years, graduate school or degree awarding institution and (educational) Institutions graduates or adults tend to have easy access to funds, but on the contrary, it turns out that they lack sufficient finance related knowledge to become impulsive or whimsical buyers. Insufficient own or personal related financial management knowledge of graduates or adults will adversely affect graduates or adults' decision- making. Therefore, the issue of own or personal related finance must arouse sufficient attention, because graduates or adults will face the reality of financial difficulties after school. This means that graduate - graduates or adults need to have financial - literacy or monetary - management knowledge in order to achieve a ce1iain degree of financial autonomy. Several research and studies, works that have been carried out on a global scale to measure adult financial - literacy or monetary- management knowledge have proved that adults often show insufficient financial - literacy or monetary - management knowledge. The investigation evaluates financial education level among adults and in Pakistani universities and higher education level. The examination overviewed around 300 cases on financial - literacy or monetary - management knowledge and resultantly impact of the survey on their knowledge. Study results explicitly show that there is a need to improve their own financial - literacy or monetary - management knowledge. The outcomes showed that survey was replied by about 48.7 percent and there are less potential respondents due to pervasive literacy about the subject. Interest (profit on debtloans), there are less survey and analysis information that tells about what is the position of current financial and financial or monetary literacy in Pakistan, especially among the adult population.
