Business, Management and Accounting
3 years ago

Financial literacy boosts investment but may not be enough for smart decisions.

1 view
A Study on Financial Literacy and Financial Planning for Individual Investor.
Prakash Bhagwat Kadu, Monushri Shivnarayan Pardeshi, Chaitali Dattatray Kardile

Paper Summary

Financial literacy helps individual investors understand and use money effectively for personal and business growth. The study aimed to assess how aware individual investors are of financial planning. They found that while general education increases investments and savings, it may not provide enough knowledge for making investment decisions.

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