Determinants of financial literacy: a quantitative study among young students in Tashkent, Uzbekistan

This study investigates the relationship between Financial Education, Financial Socialization Agents, and Money Attitude towards Financial Literacy among students in Tashkent, Uzbekistan. Despite the increasing complexity of the financial landscape, these relationships had not been empirically tested in the Uzbekistani context. Based on a quantitative survey of 110 respondents and analyzed using SPSS Version 20, the results showed that both Financial Education and Financial Socialization Agents have a positive impact on financial literacy. Financial Education was found to have the highest significant impact. However, Money Attitude did not show a significant relationship with financial literacy. The findings suggest that educational curriculum and social influencers (family, peers) are critical for improving financial knowledge in Uzbekistan.