Financial literacy and Women Empowerment: A Systematic Literature Review

Financial literacy is a critical component of economic development, and its importance cannot be overstated. Women's financial literacy and their economic empowerment are closely linked, and it is essential to investigate this relationship. This literature review aims to analyze and understand how experts have researched financial literacy among women. The goal is to provide a comprehensive understanding of women's economic engagement and empowerment with respect to financial literacy. The major factors affecting financial literacy include education, income, age, culture, and financial experience. By understanding these factors, policymakers and financial institutions can develop strategies to improve women's financial literacy and empower them economically.