Abstract: Financial Literacy has been recognized as a critical skill for individuals who are embedded in an increasingly complex financial scenario. Financial Literacy helps individuals make more assertive and efficient decisions in the monetary context of their lives. This paper measures individuals' financial literacy level and analyses the relationship and impact between financial Literacy and financial behaviour. The research results show that individuals have a reasonable level of financial Literacy. On analyzing the financial behaviour of individuals, it was found most of them exhibited moderately positive financial behaviour. It is also observed that financial Literacy can enhance people's skills and abilities to make more informed choices and ultimately lead to a positive financial behaviour. Thus one can conclude that increasing the level of financial education stimulates wise economic behaviour.
Keywords: financial Literacy, relationship, financial behaviour and impact.
Title: A Study on Impact of Financial Literacy on Individuals Financial Behaviour
Author: Dr. Ashwini M. Jamuni
International Journal of Social Science and Humanities Research
ISSN 2348-3156 (Print), ISSN 2348-3164 (online)
Vol. 10, Issue 4, October 2022 - December 2022
Page No: 422-426
Research Publish Journals
Website: www.researchpublish.com
Published Date: 15-November-2022
