Download or read book A Study on Assessing the Financial Literacy Among Employed Individuals in India written by Susana D and published by . This book was released on 2020 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial literacy is the basic knowledge that people need to survive in the modern society (Kim, 2001). Financial literacy is defined as a combination of awareness, knowledge, skill, attitude and behavior necessary to make sound financial decisions and ultimately achieve individual financial well-being (Organization for Economic Co-operation and Development (OECD)). Financial literacy of an individual is a gamut of his abilities and competencies that enables the individuals to respond effectively to the ever-changing personal and economic circumstances, yet is subject to alterations throughout the life cycle of the individual. The purpose of this study is to understand the financial literacy among the employed individuals in India, which is one of the fastest emerging economy in the world. The study is conducted among employed individuals across three major cities using a structured questionnaire. Even though the financial literacy studies have been conducted in few states in India, this study would be original in capturing the literacy level in geographical purview covering the key cities in India. The findings on the financial literacy among employed individuals would benefit the policy makers, financial institutions to take suitable measures and to build regulatory frameworks to improve the delivery of financial services which would ultimately result in overall well-being of the individuals, families and communities.

Download or read book Financial Literacy Among Working Women Need of the Hour written by Dr. Ruchi Jain Dr. Blessy Roy and published by Nitya Publications. This book was released on 2020-01-01 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial Literacy is the combination of having knowledge, skills, and understanding of financial concepts that enable an individual to make smarter financial decisions. A Financial literate is the one who knows how to handle, invest, and save income through the right way that will directly lead to more financially secure consumers and financially secure future for himself and the community.

Download or read book Financial Literacy Among Working Young in Urban India written by Sobhesh Kumar Agarwalla and published by . This book was released on 2013 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Influence Of Financial Experience Financial Literacy Financial Behavior and Financial Condition Toward Financial Knowledge and Its Implication on Financial Distress A Survey on Employees in Pontianak written by STEFFANY TEHAE, BBA, and SURESH KUMAR, S.T., M.Si and published by Rasibook. This book was released on 2019-09-09 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt: The main objective of this study is to examine the major determinants of employee financial distress. Kim & Garman (2013) argue that financial distress happens when they meet their financial responsibilities and personal finance. The unemployment problem in Pontianak also triggers the financial distress. This research was conducted in Pontianak on employees as the respondents. The purpose of this research is to measure the influences of financial experience, financial literacy, financial behavior, debt, investment, financial knowledge with financial distress. The result shows that financial knowledge has more influence on financial experience, financial behavior and debt toward employee and household in Pontianak. Unfortunately, financial literacy and debt do not influence financial knowledge, and financial knowledge has a strong influence on financial distress instead.

Download or read book Financial Inclusion Through Digital Banking in India written by Dr.S.Rajaram and published by SK Research Group of Companies. This book was released on 2024-01-09 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dr.S.Rajaram, Associate Professor, Department of Commerce, St. Joseph University, Dimapur, Nagaland, India.

Download or read book Pandemic to Endemic written by Rajiv Divekar and published by Taylor & Francis. This book was released on 2024-06-07 with total page 435 pages. Available in PDF, EPUB and Kindle. Book excerpt: The pandemic wave of Covid 19 made many organizations in different sectors rethink their business strategy. The pandemic wave soon became an endemic and the organizations adapted themselves to the new ways of doing business. Endemic situation indicates that the Covid virus is here to stay but with limited impact. The book provides deeper research on how organizations adapted themselves to the post Covid situation and how they look at the future. The book covers studies from the areas of marketing, finance, human resource, operations, healthcare and education.

Download or read book Financial Literacy Among Rural Areas of North India written by Harish Kumar Banga and published by GRIN Verlag. This book was released on 2020-11-25 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: Case Study from the year 2020 in the subject Business economics - Business Management, Corporate Governance, , language: English, abstract: This study analyzed the main differences in Financial literacy across different districts of Himachal Pradesh. The purpose was to understand Importance of financial Literacy among people of rural areas and to identify the differences in financial literacy based on the gender of rural areas. A questionnaire was designed including some financial knowledge-seeking questions. Descriptive analysis and one-way ANOVA were performed to identify the main factors for both genders.The researcher has considered in Himachal Pradesh as an area of study and that too in rural province of the area. It was observed in the process of study that nevertheless how much a female is educated or expert in financial matters they have to look forward to male members of the family for approving their decision regarding financial matters.

Download or read book Research Anthology on Personal Finance and Improving Financial Literacy written by Management Association, Information Resources and published by IGI Global. This book was released on 2020-12-05 with total page 600 pages. Available in PDF, EPUB and Kindle. Book excerpt: Developing personal financial skills and improving financial literacy are fundamental aspects for managing money and propelling a bright financial future. Considering life events and risks that unexpectantly present themselves, especially in the light of recent global events, there is often an uncertainty associated with financial standings in unsettled times. It is important to have personal finance management to prepare for times of crisis, and personal finance is something to be thought about in everyday life. The incorporation of financial literacy for individuals is essential for a decision-making process that could affect their financial future. Having a keen understanding of beneficial and detrimental financial decisions, a plan for personal finances, and personalized goals are baselines for money management that will create stability and prosperity. In a world that is rapidly digitalized, there are new tools and technologies that have entered the sphere of finance as well that should be integrated into the conversation. The latest methods and models for improving financial literacy along with critical information on budgeting, saving, and managing spending are essential topics in today’s world. The Research Anthology on Personal Finance and Improving Financial Literacy provides readers with the latest research and developments in how to improve, understand, and utilize personal finance methodologies or services and obtain critical financial literacy. The chapters within this essential reference work will cover personal finance technologies, banking, investing, budgeting, saving, and the best practices and techniques for optimal money management. This book is ideally designed for business managers, financial consultants, entrepreneurs, auditors, economists, accountants, academicians, researchers, and students seeking current research on modern advancements and recent findings in personal finance.

Download or read book RECENT ADVANCES IN COMMERCE MANAGEMENT VOLUME 3 written by Prof. Dr. Namita Rajput and published by RED'SHINE Publication. Pvt. Ltd.. This book was released on with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Investment Strategies in Emerging New Trends in Finance written by Reza Gharoie Ahangar and published by BoD – Books on Demand. This book was released on 2021-04-14 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: Investment and portfolio strategies are some of the most exciting topics in finance. This book presents the most up-to-date topics and techniques in finance to facilitate the investment process for researchers and investors in selecting appropriate investment strategies with the emergence of new issues and concepts in financial areas. This book contains nine chapters divided into three sections: The first section, “Investment and Portfolio Strategies,” discusses different investment strategies in portfolio selection. The second section, “Behavioral Finance and Investment Decisions,” examines the application of behavioral finance in investment decisions. The last section, “Emerging New Trends in Finance,” includes some new and interesting finance topics that can depict our vision for the future arena of finance.

Download or read book The Routledge Handbook of Financial Literacy written by Gianni Nicolini and published by Taylor & Francis. This book was released on 2021-12-30 with total page 561 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial literacy and financial education are not new topics, even though interest in these topics among policymakers, financial authorities, and academics continues to grow. The Routledge Handbook of Financial Literacy provides a comprehensive reference work that addresses both research perspectives and practical applications to financial education. This is the first volume to summarize the milestones of research in financial literacy from multiple perspectives to offer an overview. The book is organized into six parts. The first three parts provide a conceptual framework, which discusses what financial literacy is, how it should be measured, and explains why it represents a relevant topic and effective tool in enhancing decision-making among consumers as well as consumer protection strategies. Part IV addresses the connection between financial education and financial literacy, with chapters about financial education in school settings as well as for adults. This part includes an analysis of the role of Fintech and the use of gamification in financial education. Part V is a collection of contributions that analyze financial literacy and financial education around the world, with a focus on geographical areas including the U.S., South America, Western Europe, Eastern Europe, Asia, and Africa. This part also considers how financial literacy should be addressed in the case of Islamic finance. The concluding part of the book examines how financial literacy is related to other possible approaches to consumer finance and consumer protection, addressing the relationships between financial literacy and behavioral economics, financial well-being, and financial inclusion. This volume is an indispensable reference for scholars who are new to the topic, including undergraduate and graduate students, and for experienced researchers who wish to enrich their knowledge, policymakers seeking a broader understanding and an international perspective, and practitioners who seek knowledge of best practices as well as innovative approaches.

Download or read book A Study on Financial Literacy Relationship Between IT Sector and Educational Sector Respondents written by Dr. Umamaheswari K. and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In today's world, the ability to manage personal finances has become progressively more important. Financially literate individuals can make an effective use of the financial products and services by evaluating the associated risks and returns and choosing the financial products which are suited for them. The purpose of this paper is to carry out the level of financial literacy and the financial planning among IT sector and Educational Sector Employees. The study analyses the money management, financial - literacy, planning, financial instruments considered as a most preferable to Investment Purpose, investment risk tolerance and the Factors Influencing the Selection of Investment by the individuals while making investment decisions. The finding of the study reveals that the financial literacy level of the respondent is very low in both the sectors and it gets affected by the income level of the individual and nature of the job. The study suggests that lack of proper financial literacy would lead to terrible savings and investments practices which can lead to financial problems. Findings of the study help the government, SEBI and financial institutions to tune the appropriate strategies in order to increase the level of financial literacy among the individual. Since young workers will face a dangerous situation to deal with the complexity of current global financial markets and products. As social responsibility, the employer can take responsibility for conducting a financial literacy programme to their employees to reap the benefits of the personal finance planning, economic growth will be stimulated.

Download or read book Improving Financial Literacy Analysis of Issues and Policies written by OECD and published by OECD Publishing. This book was released on 2005-11-10 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book describes the different types of financial education programmes currently available in OECD countries, evaluates their effectiveness, and makes suggestions to improve them.

Download or read book SIMSARC 2018 written by Arti Chandani and published by European Alliance for Innovation. This book was released on 2019-02-09 with total page 501 pages. Available in PDF, EPUB and Kindle. Book excerpt: 4C’s; Communication, Commerce, Connectivity and Culture are the building blocks of an economy. How well an economy will grow or perform will depend on how strong these four pillars are. Communication leads to sharing of information among individuals. It is important for any business to have the right kind of communication channel. Commerce, provides goods and services for the society and its people. Connectivity provides the right infrastructure and system for those goods and services to reach the market. Lastly, culture helps to retain the indigenous value in those. SIMSARC 2018, organised by Symbiosis Institute of Management Studies, focussed on the aforementioned idea and invited eminent speakers from academia and industry, all over the world, to share their views on the importance of the 4Cs; Communication, Commerce, Connectivity and Culture for businesses and society. The conference had 4 sub-themes viz. Communication, Commerce, Connectivity and Culture which were the plenary sessions for the conference. The highlight of the “communication: Role of AI, Big Data and IoT in Business” track was the papers which were from broad range of Internet of things (IoT), big data, role of technology, Artificial Intelligence among other aspects of communication. The panel speakers gave insight as to how communication is important for business not only for across boundaries but within a country as well. Another session was on “Culture: An indigenous way” where speakers deliberated on the cultures prevailing in different organisations, countries and societies. From a ‘we together’ attitude in some country to a ‘me first’ attitude in the other, cultural similarities and dissimilarities across nations were discussed in this track. The session witnessed some relevant questions from the audience on issues of language barriers and its effect on businesses. Language and cultural barriers are something which are inevitable but one needs to be adoptive and should learn languages to mitigate these barriers. “Connectivity: Backbone for development” was another plenary discussion where increase in connectivity through various social media platforms such as Facebook, Twitter, WhatsApp was discussed and deliberated where the focus was whether human beings are still emotionally connected or not. The critical role of technology was emphasized along with importance of human to human interaction. No matter how much technology comes in play, human connections will never die as this was concluded by speakers as Technolgoy may not be able to take away the emotional connect. Another track, “Commerce: Fuel for economy” where the panellist spoke about growth, price discrimination, financial markets, inequality etc. Investor’s education is one of the most important aspect to take the investors to level where they understand financial market and this will help in investment activity in the market. Sustainability was another concern highlighted by the speakers and they pointed that policies should work towards attaining sustainability in the market and try to bridge the gap between skills and jobs available in the country. Researchers from all over the country, belonging to academic institutes and industry, presented their research ideas on the 4C’s. These research works ranged from digital transformation, IOT, team dynamics and organisation culture to infrastructural issues, e-commerce, banking and corporate governance, the research works presented covered a plethora of policy issues where each one of them is the need of the hour. The deliberations from renowned academicians who came from different parts of the world along with top industrialist, bureaucrats, entrepreneurs, NGOs immensely contributed to the existing bodies of work. They emphasized on the importance of right policies to promote communication, connectivity, facilitating commerce and preserving culture among societies. Overall, the conference witnessed a brainstorming session with scholars and experts and it surely did pave the way for future research.

Download or read book Gender Perspectives on Industry 4 0 and the Impact of Technology on Mainstreaming Female Employment written by Bala, Shashi and published by IGI Global. This book was released on 2022-01-07 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: Almost all economies have, or are at least starting to, understand the significance of examining and mainstreaming gender issues in the world of work. Sociocultural evolution and various other factors have helped these developments, but there is still so much more work to be done. Technology has played a substantial role in decreasing the gender divide as more households than ever before have access to technology, and the revolution of access to information across most societies has become gender neutral and empowering. While technology can hold the potential to significantly expand the job market and open opportunities for all job seekers, questions surrounding automation and availability of jobs and the accessibility to secure the necessary qualifications and education needed to fill paid jobs rage on, especially when examining those who are typically marginalized. Gender Perspectives on Industry 4.0 and the Impact of Technology on Mainstreaming Female Employment discusses gender perspective and its impact on the fourth industrial revolution, particularly in the realm of employment structure, and analyzes the impact of technology on mainstreaming women in paid employment. In the present environment, organizations are beginning to realize the importance of looking more critically at their workforce and structure and how to better cater to the diversity, equity, and inclusion movement while also productively managing the advancement of new technologies. Covering topics such as sustainable development and the future of work, it is ideal for policymakers, practitioners, professionals, consultants, managers, researchers, academicians, educators, and students.

Download or read book Assessment of Financial Literacy on Financial Management Outcomes written by and published by . This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study examined the effects of financial literacy (FL here after) on Financial management outcomes (FMO here after). Financial illiteracy in the A household is one of the common results that are neglected in Financial management. This study employed the survey data from the South African Social Attitude survey (SASAS) carried out by the Human Science Research Council (HSRC) in 2012. The empirical models used in this are ordinary least square model (OLS) and logistic multivariate regression model. FL may be in forms of short-term savings (one to twelve months), long-term savings (twelve months to seventy-two months), and spending and investment behavior. FL and FMO showed that most of the South African employed youth applied for a loan to pay their existing debts, holiday entertainment maintenance and buying unplanned items. The findings from the study showed low financial resources of 53% overall mean correct percentage score for all provinces.The findings from the evaluation of household to examine their perception and understanding of financial management, saving and lending, also a proper plan for future certainly confirmed about poor knowledge of FL skill. The policy implication from this study pointed to the importance of advanced financial information (that is, education) and significant increase of individual household saving culture.

Download or read book The Global Findex Database 2017 written by Asli Demirguc-Kunt and published by World Bank Publications. This book was released on 2018-04-19 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 2011 the World Bank—with funding from the Bill and Melinda Gates Foundation—launched the Global Findex database, the world's most comprehensive data set on how adults save, borrow, make payments, and manage risk. Drawing on survey data collected in collaboration with Gallup, Inc., the Global Findex database covers more than 140 economies around the world. The initial survey round was followed by a second one in 2014 and by a third in 2017. Compiled using nationally representative surveys of more than 150,000 adults age 15 and above in over 140 economies, The Global Findex Database 2017: Measuring Financial Inclusion and the Fintech Revolution includes updated indicators on access to and use of formal and informal financial services. It has additional data on the use of financial technology (or fintech), including the use of mobile phones and the Internet to conduct financial transactions. The data reveal opportunities to expand access to financial services among people who do not have an account—the unbanked—as well as to promote greater use of digital financial services among those who do have an account. The Global Findex database has become a mainstay of global efforts to promote financial inclusion. In addition to being widely cited by scholars and development practitioners, Global Findex data are used to track progress toward the World Bank goal of Universal Financial Access by 2020 and the United Nations Sustainable Development Goals. The database, the full text of the report, and the underlying country-level data for all figures—along with the questionnaire, the survey methodology, and other relevant materials—are available at www.worldbank.org/globalfindex.