A Study on Financial Literacy among Working and Non-working Women in Bangalore

Abstract

A person’s ability to navigate the financial world and make wise investment decisions reduces the chances of them being misguided. Women in particular should be aware about it because they make many household decisions and are the lifeblood of every Indian family. Women are good at setting up budgets and managing home expenditure, but many of them hesitate to make significant financial decisions because they think their husbands, fathers, brothers, etc., are more qualified to handle such matters. The study’s findings would include the degree of financial literacy among various classes of women, the factors influencing that literacy, the sources of financial information, their savings habits, the difficulties they encounter, and their attitudes.