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Asian Journal of Research in Business Economics and Management
Year : 2017, Volume : 7, Issue : 10
First page : ( 26) Last page : ( 34)
Online ISSN : 2249-7307.
Article DOI : 10.5958/2249-7307.2017.00176.1

The Impact of Financial Literacy on Investment Decisions of IT Professionals

Mulasi Ankita1, Dr. Raju Middi Appala2

1Research Scholar, Department of Management Studies, Christ University, Bengaluru, India. ankita.mulasi@res.christuniversity.in

2Professor, Department of Management Studies, Christ University, Bengaluru, India. middi.raju@christuniversity.in

Online published on 11 October, 2017.

Abstract

Financial literacy is one of the major concerns faced by economies around the world. In this complex financial market, it is very important for an individual investor to have an adequate amount of literacy level. For any economy to grow and develop saving and investment plays a crucial role, and for this to happen individuals have to focus on their personal financial wellbeing. The article, provides an insight into the dilemmas of financial literacy. The paper reveals a positive correlation between financial literacy and investment decisions.

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Keywords

Financial knowledge, literacy, financial decisions, investors, investment decisions, Bengaluru.

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