INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016
Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI)
This study aims to explore the importance of financial self-efficacy within the population of salaried individuals residing in Ahmedabad city. The research objectives encompass an examination of salaried individuals' perceptions regarding the relevance of financial self-efficacy, as well as an investigation into the potential links between their demographic characteristics and these perceptions. The study collected data through interviews with a sample size of 200 salaried individuals, utilizing a closed-ended Likert scale questionnaire. The findings highlight a unanimous consensus among participants, underscoring the pivotal role of self-confidence in managing personal finances. This confidence is deemed essential for achieving financial well-being, making informed financial decisions, and reaching long-term financial objectives. Furthermore, the research identifies a significant relationship between age and the ability to manage personal finances, whereas years of experience and gender do not exhibit statistically significant associations. These results underscore the importance of promoting financial education and empowerment initiatives among salaried individuals to enhance their financial self-efficacy. Such efforts can contribute to the development of a financially resilient and prosperous community within Ahmedabad city.
"Unveiling the Significance of Financial Self-Efficacy in Ahmedabad's Salaried Individuals", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.8, Issue 9, page no.c227-c235, September-2023, Available :http://www.ijnrd.org/papers/IJNRD2309226.pdf
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2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
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