Impact Of Socio-Demographic Factors On Female Financial Literacy Among Working Women | Palak Gang & Archana Singh

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The purpose of this paper is to investigate the impact of socio-demographic factors and investment awareness among working women to assess their financial literacy. Socio-demographic variables like gender, age, education, and income are found to have a significant influence on financial literacy. In the past, limited studies were conducted analysing the relationship between being a working woman and their socio-economic factors. Withchanging times and the massive overall impact of Covid-19 epidemic, the need for financial literacy has grown incalculably. Lakhs of people were laid-off leaving them with no job opportunities to choose from. The need is especially significant for women and other minorities who continue to face financial hardships and uncertainty. With so many people facing unprecedented financial problems, financial literacy is a priority right now. The study contributes to the current literature relating to financial literacy among working women, focusing on the aspect in Indore city. Data was collected using primary research. The data in this research was collected from journals, survey reports and websites. Primary data was collected through the online distribution of the questionnaire.

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