Papers by Sreeja Radhakrishnan
With the historic move of demonetisation, India is moving towards a cashless era where talk of th... more With the historic move of demonetisation, India is moving towards a cashless era where talk of these days is of plastic money and e-money. The move created chaos as still in India, there are people who are unbanked, under banked and who remain outside the financial system voluntarily or otherwise of which majority are women. But in this era of changing role of women even as the bread winner places her in a responsible position. Women's financial inclusion and financial literacy can make women economically empowered. This paper focuses on the financial literacy level of women as it is important for the financial wellbeing because they affect the ability to make resourceful financial transactions, wealth holdings, savings behaviour and preparedness for future. The study draws to analyse how the internal capacity to take financial decisions [psychological factors like attitude] and external conditions [socio-economic]and the level of financial literacy effect the banking behaviour ...
Financially informed individuals are able to make informed decisions on financial matters and are... more Financially informed individuals are able to make informed decisions on financial matters and are able to choose financial products wisely. Although some households invest effectively, others take financial preparedness decisions that are not in accordance with standard financial theory, make financial investment mistakes (Campbell, 2006; Calvetet al., 2007), namely in what concerns the under-diversification, inertia in risk taking and the disposition effect in direct stockholding (Calvetet al., 2009a). The purpose of this paper is to analyse the effect of financial literacy and other socio economic factors on financial preparedness. The sample size for this study was 123 salaried Men & Women, out of which 116 returned the questionnaire of which 12 were incomplete and cannot be used further. So the total respondents is rounded to 100. For checking the reliability, Cronbach's alpha was used. Data was analysed using descriptive statistics, coefficient, regression analysis etc...It...
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Papers by Sreeja Radhakrishnan