Abstract
Financial Literacy is essential for people to make wise financial decisions affecting society's well-being and economic prosperity. Through a thorough survey, this study evaluates the level of financial literacy among Indian adults between the ages of 20 and 50. One hundred eighty-six adult respondents from a range of demographics provided primary data. The study investigates how well they comprehend financial management ideas such as tracking expenses, creating a budget, and using financial tools. It also looks at perspectives on the value of financial literacy and the perceived results of educational programs. The analysis aims to pinpoint the differences in financial literacy, routines, expertise, and conduct between various age groups, educational backgrounds, and work situations. The results are anticipated to shed light on the advantages, disadvantages, and necessity of specific laws, initiatives, and technical advancements to improve financial inclusion and literacy. The study emphasizes the potential for wise financial decisions, economic stability, resilience against obstacles, and adopting digital financial services by arming adults with financial knowledge. It acts as a manual for developing an adult population in India that is robust, financially smart, and tech-aware.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
More From: Journal of Business Management and Information Systems
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.