Work

Pathway to Financial Success: Autonomy Through Financial Education in India

Year: 2016
Type: article
Abstract: This study evaluates attitudinal outcome of financial education workshops on the financial autonomy of the participants (homemakers) in the state of Gujarat, India. A series of financial education workshops were conducted with 300 female homemakers. A pretest and follow-up (after 3 months) survey design was used to assess changes. The survey identified 3 types of autonomy outcomes (reflexive, emotional, and functional) using 15 variables. Data were analyzed using a paired t test, and significant results were obtained between the pretest and follow-up surveys. Specific findings may help financial education providers to design and implement such programs more effectively and may provide guidelines to assess their effect. Directions for future research are suggested.
Language: English
Subfield: Finance
Open Access status: green
OpenAlex ID: W2513445809
FWCI: 1.02
Cites: 52
Cited by: 21
Related to: 10