The Role Of Financial Literacy In Household Financial Decision-Making In Emerging Economies
DOI:
https://doi.org/10.61132/ijems.v1i1.322Keywords:
Financial literacy, Household financial decisions, Emerging economies, Budgeting, Saving, Investment choicesAbstract
This study explores the importance of financial literacy in influencing household financial decisions in emerging economies. Using survey data from multiple regions, the research examines how knowledge of financial concepts affects budgeting, saving, and investment choices. The results indicate that higher financial literacy levels are strongly linked to more effective financial management and improved economic well-being among households.
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