Abstract
This study has been conducted with the objective to assess the role of financial literacy (FL), financial attitude (FA) and financial wellbeing (FW) in achieving economic empowerment (EP). The sample size of 1000 employees was selected from different sectors including education, medical, IT and textile etc. Data analysis was conducted through a mix of tests namely correlation, regression and confirmatory factor analysis. This study demonstrates that people having financial literacy can make successful financial plans. Increase in level of financial literacy, positive financial attitude and increase in financial wellbeing ultimately enable males and females achieve economic empowerment.

Hafiz Abdur Rashid, Nosheen Rsool, Muhammad Mubashir, Zimmal Arif. (2021) Implications of Financial Literacy, Financial Attitude and Financial Wellbeing towards Economic Empowerment: Evidence from Pakistan, Journal of the Punjab University Historical Society, Volume 34, Issue 1.
  • Views 683
  • Downloads 45

Article Details

Volume
Issue
Type
Language