Financial Literacy And Empowerment Of Women Headed Families

Abstract

The aim of this research is to measure the influence of women's financial literacy and community empowerment on increasing the income of female heads of households. Respondents were taken from 150 individual female heads of households and were collected using a questionnaire and analysis was carried out using the Multiple Linear Regression method. The results of this research found that financial literacy in female heads of families positively influences the increase in income of female heads of families and community empowerment also influences female heads of families. Financial literacy skills enable women to manage family finances efficiently and make financial decisions. This research provides valuable insight into the significance of financial literacy in the context of women leading families and its positive impact on the economic empowerment of society as a whole. Thus, financial literacy has a significant role in increasing the economic independence of society as a whole, providing women with wider access to financial resources and opportunities