A Role Of Financial Literacy In Financial Investment Decisions Of Teachers Of Higher Education Institutions In Pune Region

Abstract

Today’s world is run by financial power .Be it a superpower or a developing country, their aspiration is to be financially independent and powerful so that they can compete with the world. In every home, being financially independent gives a sense of self respect, fulfilment and contentedness.  It is the dream of every individual to be self-sufficient and financially strong. To achieve this, we need to be financially literate. Financial literacy plays a crucial role in the financial investment decisions. Higher education teachers are also not an exception. They are the ideals of doing rightful things, they are the motivators. They percolate their thoughts about many food practices in the generation to come as they are the ideals and inspiration to most of the people in the society. Financial literacy empowers them to make informed and sound financial choices. These choices are long term and can work as change makers.