Antecedents and Consequences of Money Management Practices of Working Women in Tirupur District Tamil Nadu

Abstract

Money management is an essential practice for every family, regardless of their level of wealth, and each family has its own techniques. Money management practices refer to the strategy for meeting event requirements, credit management and savings practices. It encompasses financial planning, budgeting, and adequate financial knowledge, which shape one s understanding of the various aspects of financial services. Money management is essential for achieving other life goals, such as health, education, or wealth. Household financial management is a crucial aspect of economic growth. The management of funds affects savings and investments. The present study is made broadly in the field of finance and personal finance in particular. Hence, the present study focuses on the antecedents and consequences of money management practices of women working in garment manufacturing firms in Tirupur district in Tamil Nadu state. newline