Global Journal of Management and Business Research, C: Finance, Volume 22 Issue 5

17 0.455 1.167 90.212 18 0.413 1.059 91.27 19 0.369 0.945 92.215 20 0.327 0.838 93.053 21 0.319 0.818 93.871 22 0.287 0.736 94.607 23 0.26 0.667 95.274 24 0.251 0.643 95.917 25 0.215 0.551 96.468 26 0.21 0.538 97.006 27 0.17 0.435 97.441 28 0.163 0.418 97.858 29 0.147 0.377 98.235 30 0.146 0.375 98.61 31 0.114 0.292 98.902 32 0.085 0.219 99.121 33 0.078 0.199 99.32 34 0.067 0.173 99.493 35 0.06 0.153 99.646 36 0.05 0.129 99.774 37 0.038 0.098 99.872 38 0.031 0.079 99.952 39 0.019 0.048 100 Source: compiled by the author Table 2: Rotated Component Matrix Rotated Component Matrix(a) Component Variables 1 2 3 4 5 Independent Variable Financial Attitude FA_1 0.658 FA_2 0.775 FA_3 0.754 FA_6 0.728 Financial Behaviour FB_1 0.78 FB_2 0.735 FB_3 0.587 FB_4 0.577 FB_6 0.728 Financial Socialisation FS_F1 0.837 FS_F2 0.861 FS_F3 0.653 FS_F4 0.763 FS_P1 0.835 43 Global Journal of Management and Business Research Volume XXII Issue V Version I Year 2022 ( ) C © 2022 Global Journals Determinants of Financial Literacy and its Effect on Financial Wellbeing-A Study on Young Population

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