Volume 8 | Issue - 8
Volume 8 | Issue - 8
Volume 8 | Issue - 8
Volume 8 | Issue - 7
Volume 8 | Issue - 7
The purpose of the current study is to ascertain how financial literacy affects mompreneurs in Tamil Nadu's business performance, access to capital, and financial risk. However, mompreneurs are classically aggravated via organizational performance, whereas family individuals amongst the affected ones are greater in all likelihood to be experiencing this kind of state of affairs at home. Wherever, appropriate monetary literacy performs a vital feature in making sure the monetary protection of mompreneurs in the path of economic growth. It is no longer viable for mompreneurs to keep their home-based enterprise performance. The study's intention used to research about an effect of economic literacy on the enterprise overall performance of mompreneurs through finance and monetary dangers primarily based specially on socioeconomic variables. To investigate our economic danger and mediate the hyperlink between monetary literacy and average commercial enterprise performance, the researcher's pattern measurement is 234 mompreneurs from a huge range of respondents, which is covered by contemporary research. In specifically, the purposive sample method has been utilized to create a structured questionnaire using a 5-point Likert scale. The researcher chooses statistical equipment like the t-test, correlation analysis, and regression analysis. The penalties exhibit that there is a massive relationship amongst the chosen variables: admission to finance, employer performance, financial literacy, and financial risk. Therefore, it is concluded that 47.4% of the variance can be estimated from the independent variables of entry to finance, financial literacy, and monetary hazard collective. Given its findings, it demonstrates that appropriate get right of entry to finance and monetary dangers have a noticeably giant influence on organizational performance. Furthermore, it was once decided that the government's wishes to boost a programme to enhance monetary literacy amongst companies have been notably associated to the abilities and records related with economic team products, hazard management, and advertising and marketing products.