The influence of digital financial literacy on working professionals' financial behaviour in Tamil Nadu- a descriptive study

There is a positive association between digital financial literacy and the financial behaviour of working professionals in Tamil Nadu, according to the latest research on the subject. It investigates at these professionals' degrees of digital financial literacy and the way such literacy affects their financial decisions. The authors emphasize how crucial it is for improving digital financial literacy so as to help people in this group establish better financial habits. Significant findings show that amongst Tamil Nadu's working professionals, basic financial knowledge, awareness of financial products and services, perceptions of digital financial hazards, and general happiness are all related. To guarantee the importance and practicality of the findings, the study used purposive sampling in conjunction with an adequately constructed survey using a 5-point Likert scale.The findings imply that those who exhibit greater levels of digital financial literacy are more inclined to practice sensible financial practices including investing and saving. This emphasizes the significance financial education is for encouraging responsible decisions and improving the general wellbeing of professionals in the area. The investigation also emphasizes the desire for focused initiatives that boost digital financial literacy, which can result in increased happiness and financial security. Stakeholders may support professionals to arrive at sound financial choices and eventually improve their financial stability and quality of life by promoting awareness and informing them in the field.