Effect of Financial Literacy on Investment Decision of Working Women with Special Reference to Patna

Pavnesh Kumar; Shristi Chaubey | Priya Kumari; Niharika Kumari

Title:
Effect of Financial Literacy on Investment Decision of Working Women with Special Reference to Patna

Authors:
Niharika Kumari | Pavnesh Kumar | Shristi Chaubey | Priya Kumari

Cite This Article :

Niharika Kumari | Pavnesh Kumar | Shristi Chaubey | Priya Kumari "Effect of Financial Literacy on Investment Decision of Working Women with Special Reference to Patna" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-4, August 2024, pp.524-532, URL: https://www.ijtsrd.com/papers/ijtsrd67188.pdf

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Abstract :
The primary Objective of the study was to study effect of financial literacy on Investment Decision of Working Women and to determine the literacy rate of working women in the Patna, Bihar. A total 210 women were investigated for the study in order to assess their financial awareness, financial skill and financial the research reveals that financial awareness, financial skills, and investment behavior significantly influence investment decisions, while financial attitude does not. The demographic analysis highlights that most respondents are young, single, and low-income earners working in the private sector. The findings emphasize the need for targeted financial education programs to empower working women to make informed financial decisions. The study concludes that enhancing financial literacy is crucial for fostering financial independence and economic contribution among working women.

Keywords :
Financial Awareness, Financial Attitude, Investment Decision, Working Women

Publication Details:

Unique Identification Number : IJTSRD67188

Published In : Volume-8 | Issue-4, August 2024

Page Number(s) : 524-532

Publisher Name : IJTSRD | www.ijtsrd.com | E-ISSN 2456-6470

Copyright © 2019 by author(s) and International Journal of Trend in Scientific Research and Development Journal. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (CC BY 4.0) (http://creativecommons.org/licenses/by/4.0)

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