Financial Literacy and Financial Decisions

The study ¿Financial Literacy of Women in Kottayam District, Kerala is conducted with the objectives such as to identify the factors affecting Financial Literacy of women, to measure the practical knowledge of women in financial matters and to analyze whether financial literacy enable women in taking independent financial decisions in their family matters. In order to make deep analysis on the financial literacy of women from different sectors of the society such as from the rural and urban area, samples are taken from rural women especially from SC/ST and urban women specially ladies from minority Communities like Christians and Muslims. Three separate questionnaires are used to collect sample from the different groups for the study period 2014-15. Separate analysis are taken place on the Minority Women Specifically in urban area with the objectives of measuring the involvement of Minority Women in their family financial decision making process, analyzing the various barriers affecting financial literacy of Minority Women and analyzing the effect of education on Financial Literacy of Minority Women.