Makhuvele, Ephraim M.2024-05-022024-05-022023-01-11https://hdl.handle.net/10352/706M. Tech. (Department of Accountancy, Faculty of Management Sciences), Vaal University of Technology.Financial literacy has an important effect on financial behaviour, which is an important factor that plays a vital role in sound decision making. Financial literacy and sound financial decision making determine not only the financial behaviours of individuals but also their financial well-being. The literature review showed that different authors have different understanding pertaining to financial literacy. Determinants of literacy (demographics) were identified in the literature and highlighted. Furthermore, measures of personal financial literacy which are budgeting, investing, borrowing and protection were highlighted in the literature. The lifecycle theory was outlined to show the influence of financial literacy on the financial behaviour and decision making. This study aimed to determine the influence of financial literacy on the financial behaviour and financial decision making of employees. The population in this study was employees of the Vaal University of Technology who are employed by the university, with a total of 2072 employees. The sample was determined by using simple random sampling, which obtained 205 samples. The collection of primary and secondary data was done using the quantitative approach, together with an exploratory and descriptive design, which was used in designing the questionnaire. Data were collected from employees from the Vaal University of Technology through a self-administered questionnaire. The COVID-19 pandemic affected the collection of data negatively as some employees did not have access to their emails; therefore, they did not participate in the study. The analytical tool in this study is the descriptive analysis and Chi Square. Data was processed by using the SPSS program and Microsoft Excel. The results showed the overall financial literacy index was 0.693 which showed that most of the respondents have a high level of financial literacy. This study concluded that high levels of financial literacy has had a positive influence on the financial decision making of employees towards their money management skills and has led to their ability to behave correctly. The study recommended that employees should change their attitudes towards money management, and they must acquire the necessary financial knowledge through financial education and training to improve their level of financial literacy.enFinancial literacyFinancial behaviourFinancial decision makingEmployeesVaal University of Technology Financial literacyDissertations, Academic -- South Africa.Financial literacy.Decision making.Education, Higher -- South Africa -- Finance.Thesis