What is it about?
This article describe a validation of a financial management behavior scale, which was developed with American data, using data collected in India.
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Why is it important?
Financial management behavior is an important component of financial capability, which contributes to financial wellbeing. Measuring financial behavior in diverse cultural contexts will have potential to help improve financial capability and wellbeing of consumers in both developed and emerging economies.
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This page is a summary of: Financial Management Behavior Scale: A Re-Conceptualization for Emerging Markets, Financial Services Review, May 2026, Academy of Financial Services,
DOI: 10.61190/chts3t53.
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