The Influence of Socio-Economic Factors on Savings and Investment Decisions of School Teachers - A Study with Reference to Women Teachers in Kodagu District of Karnataka

Abstract

Purpose: This study looks at how socio-economic factors affect school teachers' choices about what to save and invest their money in. It focuses on women teachers in the beautiful and culturally diverse Kodagu district of Karnataka, India. Because of changing social roles and changing financial situations, this study tries to explain the many factors that affect the financial decisions of this important part of the teaching workforce. The study uses a strong research method, such as surveys and data analysis, to look at how women teachers in Kodagu handle their money. The study uses statistical methods like regression models and correlation analyses to look at the collected data and try to figure out the complex connections between different socio-economic factors and financial choices (savings and investments) of women teachers. As part of this qualitative study, women teachers from Kodagu district were asked to describe how they think socioeconomic factors affect their choices about how much to save and spend. It was found that there are no significant variations based on the level of education, marital status, or yearly income. When it came to women teachers, age, employment status, and spending habits were found to have a positive impact on the decision-making process. Design/Methodology: The research relies on primary and secondary data, the study stares at how women teachers save and invest their money. Primary data was gathered through structured questionnaires sent to women teachers working in different schools in the Kodagu district. Secondary data collected from websites, journals, newspapers, magazines, reports, and case studies. The developed conceptual model is empirically proved and analysed using ABCD analysis framework. Originality/value: The Influence of Socio-Economic Factors on Savings and Investment Decisions of School Teachers - A Study with Reference to Women Teachers in Kodagu District of Karnataka, it is helpful to women teachers to know the reason which factors more influencing them towards savings and investment decision and also useful to the investment policy makers where they can concentrate to attract women teachers towards their investment. Paper type: Empirical research