Role of Financial Literacy on Investment Behavior

Vol-4 | Issue-02 | February 2019 | Published Online: 10 February 2019    PDF ( 232 KB )
DOI: https://doi.org/10.5281/zenodo.2574917
Author(s)
Dr. Saloni Raheja 1; Gurinder Singh 2

1Assistant Professor, Commerce and Business Management Department, DAV University, Jalandhar, Punjab (India)

2Research Scholar, Commerce and Business Management Department, DAV University, Jalandhar, Punjab (India)

Abstract

Financial literacy is essential for making key financial decisions related to saving, borrowing and investment. Financial literacy can be acquired either by practicing or by studying the fundamentals, theories and processes of business at several levels such as higher education, secondary education or university education. Thus, the present study focuses on the relation between financial literacy and the investment behavior of the individuals. The study found that there was positive relation between the financial literacy and the investment behavior of the individuals.

Keywords
Education, Financial Literacy, Investment Behavior, Investor
Statistics
Article View: 606