D. Arpana|H. R. Swapna
ROLE OF PLANNING AND RISK TOLERANCE AS INTERVENING CONSTRUCTS BETWEEN FINANCIAL WELL-BEING AND FINANCIAL LITERACY AMONG PROFESSIONALS
Oxford Dental College and Hospital|Oxford Dental College and Hospital
indian economy seen various auxiliary key changes financial marketswhile indian economy development direction extensive spread realization among financial range development practical corresponding deepening financial sector must precedeand developing conceivable people families financially literatefinancial literacy low even advanced economies welldeveloped financial marketsfinancial resilience unquestionably significant point analysts investors consultants personal financial plannersthis research investigat6es practice financial planning among professionalsfinancial risk tolerance subjective complex phenomenon may diverge individual individualthis study aims analyze relationship among constructs study role financial behavior financial literacy mediator moderator propensity planning financial wellbeing finally assesses financial literacy score across various demographic factorsstructural equation modeling technique used test variables hypothesesthe outcome study respondents propensity plan risk taken seems statistically significantpropensity planning male respondents dominatingwith regard risk taking ability female employees dominatingfinancial literacy risk taken financial behavior financial wellbeing range items strong positive relationshipit shows interrelatedwhen exogenous variables propensity planning antecedents created impact factors like financial behavior financial wellbeingwhen financial behavior enacted mediator propensity planning financial wellbeing shows mediator influences factorstherefore infer strong role financial behavior items