International Journal of Technology Enhancements and Emerging Engineering Research (ISSN 2347-4289)

IJTEEE >> Volume 4 - Issue 7, July 2016 Edition

International Journal of Technology Enhancements and Emerging Engineering Research  
International Journal of Technology Enhancements and Emerging Engineering Research

Website: http://www.ijteee.org

ISSN 2347-4289

A Study On The Financial Literacy Of Professional Women In The District Of Ernakulum, Kerala

[Full Text]



Thanvi Sebastian, Dr. Middi Appalla Raju



Credit Card, Demat account, financial decision, financial literacy, Personal finance, Initial public offer.



Financial literacy is a keyword that is used to denote the understanding of financial matters. This includes majorly the area of personal finance. In order to manage financial resources effectively & efficiently, appropriate knowledge and skills are required. This includes making personal financial decisions in the areas of investing, Insurance, Retirement, tax planning etc. Financial literacy also includes developing deep knowledge of various financial concepts like financial planning, Compound interest, Savings methods, time value of money, the mechanics of a credit card, consumer rights etc. Having a lower level of financial literacy can lead to taking financial decisions that can have negative impact on the financial health of an individual. In this paper, a study on financial literacy among working women in Kochi Region in Kerala is attempted. Assessing the knowledge of working women towards investments in various financial products is also a part of this research. A structured closed ended questionnaire was given to working women in Kochi to judge the level of financial literacy.



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