Financial Literacy Among Low-Income Workers in the UAE

International Journal of Economics and Management Studies

© 2022 by SSRG - IJEMS Journal

Volume 9 Issue 12

Year of Publication : 2022

Authors : Abhimanyu Wadhwa

10.14445/23939125/IJEMS-V9I12P104

How to Cite?

Abhimanyu Wadhwa, "Financial Literacy Among Low-Income Workers in the UAE," SSRG International Journal of Economics and Management Studies, vol. 9,  no. 12, pp. 25-36, 2022. Crossref, https://doi.org/10.14445/23939125/IJEMS-V9I12P104

Abstract:

The growing economy has often been cited as positive, with phenomena such as globalization and growth being believed to benefit individuals who can yield benefits in the forms of employment opportunities and better living conditions. Yet, looking back to the last 20 years, poverty and a number of the socioeconomic conditions that plagued society then are still very much rampant in today's world. Those in less economically developed countries can marginally improve capital situations by moving to other countries to earn higher wages. A key reason attributed to this is financial literacy and how much workers use their incomes.

Keywords:

Financial Literacy, Low-Income Workers, Migrant Workers, Financial Behavior, United Arab Emirates.

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