Digital and Financial Literacy and Its Impact on Financial Decision

In the modern financial ecosystem, both digital literacy and financial literacy are critical for making informed and secure financial decisions. Digital literacy enables individuals to effectively use online banking, mobile payment platforms, and digital investment portals, while financial literacy equips them with the ability to evaluate risks, returns, and manage personal finances. This research investigates the combined effect of digital and financial literacy on financial decision-making50 respondents. The results show that individuals with higher literacy levels are more confident, better at identifying profitable opportunities, and more capable of avoiding fraudulent schemes. The study concludes with recommendations for literacy improvement programs to bridge existing gaps.