Impact of Financial Behavior in Enhancing the Economic Empowerment of Working Women
DOI:
https://doi.org/10.66304/IJGIMR.2026.v1i2.05Keywords:
Financial Behavior, Women's Economic Empowerment, Working Women, Haryana, Financial Planning, Saving BehaviorAbstract
Economic empowerment of women is critical for ensuring gender equality and sustainable economic development. This research paper investigates the influence of financial behavior on the economic empowerment of women workers in Haryana state. A quantitative research methodology has been used, and primary data were collected from 600 women workers of Haryana state via a structured questionnaire. Four dimensions of financial behavior have been considered: saving behavior, shopping behavior, short-term financial planning, and long-term financial planning. Multiple Linear Regression Analysis was performed by using IBM SPSS Statistics software to investigate the link between financial behavior and economic empowerment of women workers.
Results have shown that financial behavior positively influences the economic empowerment of women workers, and it has an explanatory power of 55.1%. Among the dimensions of financial behavior, the saving behavior dimension is the most powerful factor influencing economic empowerment of women workers, followed by long-term financial planning, shopping behavior, and short-term financial planning dimensions. It can be concluded that proper financial behavior increases the financial independence and decision -making capability of women workers. The results have provided useful implications to policy makers, financial institutions, and educators regarding the development of financial education programmes.
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