International Journal of Commerce and Management Research

Having financial knowledge and its effective and efficient execution in personal life is a necessity in the modern life and would help to overcome financial hardship. A survey was conducted among 800 women of Pondicherry to check the effect of demographic factors on financial literacy. Multiple linear regression was used and the result showed that number of years of completed education influence financial literacy; to highlight the fact that number of years of education and age of a person makes him/her to have knowledge to deal with finance.