Browsing by Subject "FINANCIAL LITERACY"
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Item Effect of Financial Literacy on Personal Financial Planning in Kathmandu Valley, Nepal(Faculty of Management, 2024) Shrestha, AnnePersonal financial planning and financial literacy are getting more attention nowadays due to better access to credit, rapid development in marketing financial products and with deregulation of financial markets. Financial education has helped people to enhance their financial knowledge and hence can understand how financial management helps them to make their personal financial decisions. Thus, it is very important to assess whether there is link between financial literacy and personal financial planning. This study investigates the effect of financial literacy on personal financial planning if individuals residing in Kathmandu valley of Nepal. A descriptive and causal comparative study was conducted among 384 people from Kathmandu valley that were selected using non-probability convenient sampling method. Primary data were collected by using standard questionnaire. Data analysis was done by using SPSS, descriptive statistics (frequency percentage, mean, standard deviation), inferential statistical technique like regression analysis, hypothesis testing and correlation analysis. The result shows that there is a positive relationship between financial awareness, financial knowledge, and personal financial planning. It indicates that if people are aware and knowledgeable enough about the financial products and basic financial concepts, it leads to an increase in execution of planning for their personal finances and successfully manages their finances. In addition, there is no statistically significant relationship of financial attitude that deals with the attitude towards viewing money and saving with personal financial planning but is positively correlated with personal financial planning. The outcome illustrates that financial awareness and financial knowledge have a significant impact on personal financial planning, but financial attitude does not have significant impact on personal financial planning. From the analysis, it was found that most affecting factor was financial knowledge (literacy), which explains that personal financial planning is influenced by financial literacy. Therefore, the concerned authority should focus on providing adequate financial education among people from different educational faculties to ensure that they can make effective financial plan for their future. Banks and financial institutions should create a higher level of awareness on financial products and basic financial concepts to ensure positive impactItem Financial Literacy and Financial Wellbeing among Nepalese(Faculty of Management, 2024) Thapa, Angur KumarThe objective of this study is to analyze the relationship between financial literacy and financial well-being among Nepalese People. This study aims to analyze Financial Literacy by examining the relationship and impact of financial awareness, financial experience, financial skills, financial behavior, financial knowledge, and financial attitudes with Financial Well-being among Nepalese people. Various articles and theses, reviewed from Google Scholar and Shanker Dev Library, helped in developing the conceptual framework with financial well-being as a dependent variable and financial awareness, financial experience, financial skills, financial behavior, financial knowledge, and financial attitude as independent variables. This study used a descriptive and causal comparative research design. The people of Kathmandu Valley are the population of the research, and a sample size of 450 was obtained through the convenience sampling technique used. Primary source of data were collected through a questionnaire survey. The analytical methods included descriptive statistics, correlation analysis and multiple regression analysis. Excel and SPSS were used as tools for data analysis. The finding of the research is that there is a positive and significant impact of financial skills, financial behavior, financial knowledge, and financial attitude on the dependent variable Financial Well-being of Nepalese people. Financial Awareness and Financial Experience to the Financial Wellbeing are positive but do not have a significant relationship. Keywords: Financial Knowledge, Financial Skill, Financial Attitude, Financial Awareness, Financial Experience, Financial Behaviors and Financial Wellbeing, NepaleseItem Financial Literacy and Women Empowerment in Kathmandu Valley(Faculty of Management, 2023) Bhusal, SunitaAbstract This study examines the relationship between financial literacy and women empowerment. The researcher took financial literacy (financial knowledge, financial skill, financial behaviour, financial attitude, financial awareness as independent variables in order to evaluate the women empowerment with moderating variable age and education.. The data are collected through the different structure questionnaire survey and physical distribution of questionnaires to age group 18-44 of Kathmandu valley taken 385 samples of population. The data are analyzed using statistical software i.e. SPSS and data are collected using convenience sampling technique. The appropriate statistical treatment applied in research is descriptive analysis and inferential analysis (Correlation & Multiple regression) for relationship and hypothesis test. The research finding shows that financial knowledge and financial skills has negative and significant relationship with women empowerment. And financial behaviour, financial attitude and financial awareness has positive and significant relationship with women employment. Furthermore, moderating variable age and education has positive and significant. The finding of the research can be useful for reader to know to improve the financial knowledge and financial skills must need to improve to live standard of women to improve finance. Keywords: women empowerment, financial knowledge, financial skills, financial knowledge, financial attitude, financial behaviour