Determinants of Financial Autonomy and Financial Well-Being Among Salaried Women: A Systematic Literature Review
Keywords:
Financial Autonomy, Financial Well-Being, Financial Literacy, Financial Inclusion, Women's Economic EmpowermentAbstract
Financial autonomy and financial well-being among salaried women are increasingly recognised as critical dimensions of women's economic empowerment, yet a regular income alone does not guarantee decision-making control or financial security. This study systematically reviews 41 studies, journal articles, book chapters, doctoral dissertations, systematic/literature reviews, and institutional reports (2007–2025) examining determinants and outcomes of financial autonomy and financial well-being among salaried and working women, with particular focus on the Indian context. Thematic synthesis reveals financial literacy, income level, employment sector, digital access, demographic characteristics, and household/socio-cultural factors as key determinants of financial autonomy, while financial literacy, financial inclusion, savings-investment behaviour, and psychological attitudes drive financial well-being. Outcomes include economic empowerment, enhanced decision-making power, and improved quality of life. The review identifies a critical gap: limited studies jointly examining autonomy and well-being as interlinked constructs and proposes directions for future empirical research.
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