Role Of Teachers in Financial Literacy Development and The Influence of Gender on Students’ Financial Decision-Making and Savings Interest

Financial literacy is a critical skill that enables students to make informed and responsible financial decisions in an increasingly complex economic environment. This study examines the role of teachers in the development of financial literacy among college students and analyzes the influence of gender on students’ participation in family financial decision-making and their interest in maintaining savings accounts. A quantitative research design was adopted, and primary data were collected from college students using a structured questionnaire covering key dimensions of financial awareness, budgeting, saving, and financial decision behaviour. Descriptive statistics, independent samples t-tests, and simple linear regression analyses were employed to test the formulated hypotheses. The findings reveal that teachers play a significant role in enhancing students’ financial literacy by providing formal guidance, foundational knowledge, and financial awareness within academic settings. Additionally, the results indicate that gender significantly influences students’ involvement in family financial decisions as well as their interest in having savings accounts, with male students demonstrating higher levels of participation and interest compared to female students. These outcomes highlight the combined importance of educational influence and socio-demographic factors in shaping students’ financial behaviour. The study underscores the need for structured financial education within academic curricula and gender-inclusive approaches to financial literacy to promote equitable financial competence and long-term economic well-being among students