Keywords
Financial Literacy
Cashew worker.
Financial Behaviour
Financial attitude
How to Cite
Abstract
Financial capability is a combination of the financial understanding, abilities, mindsets, and conduct that leads to favorable financial behaviors and appropriate money management decisions. The relationship between age and financial capability is complex and multifaceted, influenced by life stages, income and varying financial responsibilities. This article explores how financial capability evolves over the financial life of cashew worker, focusing on age-specific trends, behavioral patterns, and external factors shaping financial decision-making powers of cashew workers. By synthesizing existing research and analyzing demographic data, we aim to illuminate the influences of financial capability across age groups of cashew workers. The study is an Empirical research based on survey method confined to Kollam district of Kerala state .They may have lower incomes, higher debt and limited financial experience. Income generally peaks as individuals advance in their careers. Financial obligations, such as mortgages, child-rearing, and saving for retirement, are significant for them. The studies conclude that financial capabilities of cashew workers are different in different age group.
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