Digital Financial Literacy, Financial Behavior, and Financial Well-being of Women in Pakistan

Abstract

Digital financial literacy (DFL) plays a pivotal role in shaping financial behavior and enhancing financial well-being, especially among women in developing countries like Pakistan. This article explores the intricate relationship between DFL, financial behavior, and financial well-being among Pakistani women. It delves into how increased access to digital financial services and knowledge impacts women's financial decisions and their overall economic empowerment. Through a comprehensive literature review and analysis of recent studies, this paper highlights the challenges and opportunities in promoting DFL among women in Pakistan, proposing strategic interventions to improve their financial literacy and, consequently, their financial well-being.