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September 10, 2025European Economic Letters (EEL)

Rational minds, Happy wallets: Exploring how Financial Behavior mediates financial knowledge and well-being

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Authors

RMRanju Yadav Surendra Mahato

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Overview

Analysis reveals financial behavior mediates the relationship between financial knowledge and well-being, indicating its importance in Kathmandu.

Key Points

  • The study shows that financial behavior is a crucial mediator between financial knowledge and well-being.
  • Using Partial Least Squares analysis, significant connections were found in a sample of 384 people from Kathmandu.
  • This research employs Structural Equation Modeling to assess how financial decisions impact financial health.
  • Insights from this study may enhance financial education strategies, particularly in developing economies like Nepal.

Cite This Study

Ranju Yadav Surendra Mahato (2025) studied this question.

synapsesocial.com/papers/68c1afc054b1d3bfb60e75f5https://doi.org/10.52783/eel.v15i3.3468
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