Level of Financial Literacy in Chennai City


Authors : R. Danita Vaishali; Dr.Kalpana naidu

Volume/Issue : Volume 8 - 2023, Issue 3 - March

Google Scholar : https://bit.ly/3TmGbDi

Scribd : https://bit.ly/3lN8wXe

DOI : https://doi.org/10.5281/zenodo.7774152

Abstract : Financial literacy is the level of expertise one has in choosing how to invest their money. In other words, financial knowledge aids a person in creating personal budgets and selecting investments. The government has undertaken a number of initiatives to inform citizens about the financial services that are accessible to them. The goal of this study project is to identify strategies for raising financial literacy. Financial stability can be developed in one's existence with the aid of financial literacy. This expansion helps a nation's economy develop in an indirect way. The study's conclusions show that age, gender, education, and income all have an effect on one's degree of financial literacy.This research will aid in the development of suitable tactics and methods for adapting to the tactics

Keywords : financial service, financial literacy ,financial stability

Financial literacy is the level of expertise one has in choosing how to invest their money. In other words, financial knowledge aids a person in creating personal budgets and selecting investments. The government has undertaken a number of initiatives to inform citizens about the financial services that are accessible to them. The goal of this study project is to identify strategies for raising financial literacy. Financial stability can be developed in one's existence with the aid of financial literacy. This expansion helps a nation's economy develop in an indirect way. The study's conclusions show that age, gender, education, and income all have an effect on one's degree of financial literacy.This research will aid in the development of suitable tactics and methods for adapting to the tactics

Keywords : financial service, financial literacy ,financial stability

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