Impact of Womens Financial Inclusion and Financial Attitude on their Financial Well-Being

Abstract

This study is designed to investigate the impact of women’s financial inclusion and financial attitude on their financial well-being. To determine the sample size, we consider the convenience sampling technique. In this study, we used causal and quantitative research methodologies and collected data from women respondents through a survey and a structured questionnaire method. As a part of the study, 227 responses were collected from women participants. In order to analyse the responses used, exploratory factor analysis, confirmatory factor analysis and structural equation modelling techniques. The finding shows that women’s financial inclusion and financial attitude positively and significantly influence their financial well-being. In the implication of the study policymakers, and government authorities upsurge the financial well-being of women by ensuring their proper access to appropriate financial products and services and improving their financial management capabilities and skills. This study will be very helpful in the sustainable and inclusive development of women and their empowerment.

DOI: https://doi.org/10.21863/jcar/2024.13.1.001

Keywords: Financial Inclusion, Financial Attitude, Financial Well-Being, Women, Inclusive Growth, Financial Access

View PDF