Enhancing Financial Literacy for Sustainable Future: A study among Kerala’s Rural Cashew Workers

Authors

  • Benny. C Research Scholar, Department of Commerce, Thanthai Periyar Govt. Arts and Science College (Autonomous), Affiliated to Bharathidasan University, Trichy, India
  • S.Umaprabha Assistant Professor and Research Supervisor, Department of Commerce, Thanthai Periyar Govt. Arts and Science College (Autonomous), Affiliated to Bharathidasan University, Trichy, India

DOI:

https://doi.org/10.5281/zenodo.15543198

Keywords:

financial literacy, sustainable development, economic empowerment, financial behaviour, rural cashew workers

Abstract

The impact of financial literacy on rural cashew workers's long-term economic security and growth is explored in this research from Kerala, India. It stresses the need of financial education in raising financial literacy, a prerequisite for economic agency. The study looks at the effects of financial literacy on leadership, time management, financial wellness, decision-making, income management, and other aspects of economic growth. This study uses Structural Equation Modelling (SEM) as part of its deductive quantitative technique to examine data collected from 426 rural cashew workers who are economically disadvantaged. The results show that there are strong links between knowing how to handle money and being financially independent in the long run. The study highlights how financial education and literacy may help rural cashew workers become more financially independent and secure, which in turn helps achieve sustainable development goals and more financial inclusion.

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References

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Published

2025-04-29

How to Cite

Benny, C., & Umaprabha, S. (2025). Enhancing Financial Literacy for Sustainable Future: A study among Kerala’s Rural Cashew Workers. Management Journal for Advanced Research, 5(2), 83–92. https://doi.org/10.5281/zenodo.15543198

Issue

Vol. 5 No. 2 (2025): April Issue

Section

Articles

ARK

https://n2t.net/ark:/75930/Manag. J. Adv. Res..v5i2.211

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Copyright (c) 2025 Benny. C, S.Umaprabha

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This work is licensed under a Creative Commons Attribution 4.0 International License.

Research Articles in 'Management Journal for Advanced Research' are Open Access articles published under the Creative Commons CC BY License Creative Commons Attribution 4.0 International License http://creativecommons.org/licenses/by/4.0/. This license allows you to share – copy and redistribute the material in any medium or format. Adapt – remix, transform, and build upon the material for any purpose, even commercially.