Document Type : Research Paper

Authors

1 A graduate of educational management at Kashan University, Kashan, Iran

2 Associate Professor, Educational Management Department, University of Kashan, Kashan, Iran

3 Assistant Professor, Faculty of Financial Sciences and Entrepreneurship, Kashan University, Iran

Abstract

Financial literacy has different meanings for different people.For some, it has a broad concept including economic understanding and how family decisions affect economic conditions, and for others, it has the concept of focusing on money management, including budgeting, savings, investment, and insurance.This is one of the human concerns of well-being and comfort in life.The purpose of this study is to investigate the effect of parents' financial literacy on students' financial literacy and the relationship between financial literacy and financial socialization and financial self-efficacy of high school students in Afghanistan(Mazar-i-Sharif city).The secondary school of Mazar-e-Sharif was in 1400, when students from religious schools, teacher training, literacy, vocational, agricultural, and non-governmental schools, as well as considering the existing conditions, were refused to attend the marginal schools of the city to conduct research. The statistical population in question was 3180students with their parents, separated (1505 girls, 1675 boys), and 282 students(134 boys,148 girls)were selected as a sample using Morgan's table, and the students and parents responded to the financial literacy questionnaire, the data were collected through correlation and The structural model was analyzed using Spss22 and Amos22 software and the results showed that parents' financial literacy has an effect on students' financial literacy and financial literacy is related to financial socialization and financial self-efficacy.Therefore, it is possible to expand financial literacy in the society through parents,and it is suggested that schools, while training and strengthening the financial literacy of students, take the initiative and organize financial literacy training workshops for parents as well.

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