The Impact of Financial Literacy Programs on Household Savings and Investment Behaviour

Authors

  • SHIV BANSAL

Keywords:

financial literacy programs,, household savings, investment behavior, financial education,

Abstract

Financial literacy initiatives may boost family savings and investment. How such initiatives affect major financial outcomes. The article evaluates financial literacy programmes' efficacy in encouraging informed financial decision-making among individuals and families. Provides an overview of the rising importance of financial literacy in complicated financial markets and personal financial planning moving to people. Financial literacy is needed as financial choices grow increasingly complex. These programmes teach people how to save and invest. reviews financial literacy programme studies' methods. The programmes' impacts are assessed using experimental and observational investigations. Examines study results. Financial literacy programmes improve savings, investment participation, and portfolio diversification, according to the abstract. Socioeconomic variables also impact programme success. handles financial literacy programme drawbacks.

References

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Published

31-03-2021

How to Cite

BANSAL, S. (2021). The Impact of Financial Literacy Programs on Household Savings and Investment Behaviour. International Journal for Research Publication and Seminar, 12(1), 179–185. Retrieved from https://jrps.shodhsagar.com/index.php/j/article/view/113

Issue

Vol. 12 No. 1 (2021): Volume 12 | Issue 1 | 2021

Section

Original Research Article

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