A Study on Financial Literacy among Rural Women (With Special Reference to Srikakulam District)

Abstract

Financial literacy is crucial for reducing poverty and boosting economic growth in emerging economies. Every household benefits greatly from proper financial management. After 2000, there was a surge in interest in developing financial literacy. It’s important for society to recognize the negative impact of bad money management and promote financial literacy. Personal experiences, as well as those of family and friends, are more effective than formal instruction in teaching money management. Women's financial roles are crucial in rural families, and financial literacy among rural women is a neglected field of research. The study titled "Financial Literacy Among Rural Women - A Study with Reference to Srikakulam" addresses the following objectives: To assess the level of financial literacy among rural. The purpose of this study is to analyze rural women's financial involvement, sources of financial literacy, the impact of financial education, and their perceptions.