Unveiling Financial Wellbeing: Review of Antecedents in the New Normal
The pandemic brought with itself an economic turbulence ranging from sudden job losses, business closures to global recession. The crises which adversely affected nearly all sections of the economy have necessitated the stakeholders to Rethink on their efforts to improve financial inclusion, education, and behaviours of broad and vulnerable population. Recently, there has been a shift in policymakers' objectives from just financial inclusion to financial wellbeing(FWB). FWB is achieved when an individual manages their finance sustainably to gain financial security and freedom. This systematic literature review of financial well-being post-2020 is done following the PRISMA guideline aiming to comprehensively study the antecedents and analyse how those factors influence financial well-being across diverse populations. Such insights would help policymakers design targeted interventions, make rational policy decisions, and promote a more financially resilient society. JEL Codes: G53, I31, D14 Keywords: Financial Well-being, PRISMA, Financial Freedom, Financial Security, Systematic Literature Review
Authors
- V. Mary Jessica
- Rajesh Ranjan Thakur (ORCID: https://orcid.org/0000-0001-9743-9519)
- Tanya Shah
Institutions
- University of Hyderabad (IN)
Publication Details
- Journal
- Global Conference on Business and Social Sciences Proceeding
- Published
- 2025-08-20
- DOI
- https://doi.org/10.35609/gcbssproceeding.2025.1(59)
- Primary Topic
- Financial Literacy, Pension, Retirement Analysis
- Type
- article
- Field-Weighted Citation Impact
- 0.00