Financial Self-Efficacy and Women's Personal Finance Behaviour: A Case study of Public Sector Banks in Pakistan

In this study we examine the impact of financial self-efficacy on the financial behavior of the working women, along with the different personal attitudes including financial anxiety, self-esteem, self-control and financial stress. Impacts of the financial literacy and risk preferences on the financial behavior also examined in this study. Data has been collected from the working women in public sectors banks. For collecting the data we used the questionnaire survey method and collect responses from the 300 participants. Data has analysed through the different statistical technique including, descriptive statistics, correlation and OLS regression analysis. We find that self-esteem, self-control, risk preferences has the significant impact on the financial behavior of the women. While self-efficacy and financial literacy has ambiguous results in our study we find no relation with financial behavior. Financial stress and financial anxiety also have no significant relationship with financial behavior of the working women in public sector banks.