Journal Press India^®

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This study examines how socioeconomic factors affect financial literacy and decision-making among Himachal Pradesh’s salaried women. The research uses secondary data from national surveys, government reports, and scholarly articles to examine critical factors such as income, education, employment type, rural-urban disparity, and family dynamics. The analysis highlights how these socio-economic determinants shape financial behaviours, including savings, investment choices, and risk tolerance. Findings reveal that higher educational attainment and urban residency positively correlate with financial literacy, while rural areas face limited access to financial resources and cultural constraints. The study emphasises targeted financial education and legislative actions to empower paid women financially. Practical solutions to close the financial literacy gap and encourage informed decision-making require these insights.

Keywords

Financial literacy; Decision-making patterns; Socio-economic factors; Salaried women; Himachal Pradesh

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