To explore financial literacy experience and understanding of international students in Dublin

Abstract

The study is aimed to explore the financial literacy experience and understanding of international student in Dublin. The study will explore the four components which are financial knowledge, financial attitudes, financial behaviors, and financial environment. This study also analyzes how they cope with the challenges of managing their personal finances in a foreign cultural and economic environment. Through semi-structured interviews and qualitative analysis. The findings suggest that cultural background, economic stress, and level of financial education have a significant impact on students' financial decision-making. While higher financial literacy helps international students make more rational financial decisions, personal financial attitudes, economic stress, and cultural differences tend to limit their financial management skills. The sample size of this study was 10 individuals. The findings show that one of the biggest sources of financial stress in Dublin for a large proportion of the respondents was the problem of renting an apartment and the lack of sufficient funds limiting their financial literacy.

The results of this study can be used as a reference for international students in Ireland to help them improve and recognize financial literacy and financial management skills, and to develop more independent and rational international students. In addition, it is hoped that this study will provide valuable references and insights for future researchers exploring financial literacy and financial management among international students.