An Empirical Analysis on the Impact of Investments and Savings Behaviour of Working Women in Viruthunagar District

Abstract

Savings encourage investment, which in turn encourages the production of capital for the country's economy in the modern era. In India, the household sector is the most significant when it comes to savings. In the past, women's earning was only considered an additional source of revenue. However, the family depends heavily on the income of today's women. In order to deal with future unforeseeable circumstances in the family, women must be involved. Numerous studies have shown that men and women behave differently when it comes to investing. Women invest for lesser returns and have a lower risk tolerance. Examining the saving and investing habits of working women is the aim of this study. The study examines the level of awareness and the current investing pattern with regard to a number of investment avenues, including bank deposits, insurance, postal savings, bonds, debentures, shares, chit funds, real estate, mutual funds, and gold. Additionally, the study has attempted to pinpoint the main factor influencing investing choices. The preferred financial portfolios of working women have also been the subject of research.