Financial literacy and women empowerment

Abstract

In present scenario an individual must know the financial management. Economic independence of any person is dependent upon education, Age, income, occupation, marital status, saving and investment habits. The more the women is financially literate, the more secure and confident she will become. Economic independence differences are highly correlated with marital status and age in both genders. Rates of Low literacy severely impact the lifestyle of women, resulting they work hard, spending more time to pay debts and hence increasing its value, settling sometimes for earning less. A great change can be done by giving Financial Management Education to Women. This research paper studies about this topic in detail.