Downloads: 20
Research Paper | Economics | Volume 15 Issue 2, February 2026 | Pages: 1625 - 1631 | India
From Pavement to Prosperity: A Financial Exploration of the Street Vendors in Urban India
Abstract: This research explores the often complex world of financial literacy and everyday banking, focusing on what really shapes how people understand and use financial services. By looking closely at factors such as age, education, access to technology, and cultural influences, the study offers clear insights into why people behave the way they do financially. Education stands out as especially important, with higher levels helping individuals feel more confident, informed, and in control of their banking decisions. Technology also plays a key role. Tools like smartphones and QR code payments make banking easier to access, encourage inclusion, and help people build practical financial knowledge. Social and cultural influences, including gender expectations and feelings of financial security, also affect how people manage money, reminding us that financial education cannot be one size fits all. Overall, the findings highlight the need for targeted, inclusive approaches that address real-life differences across communities. By combining education, modern technology, and cultural understanding, policymakers, educators, and financial institutions can work together to empower people financially. Ongoing evaluation and adaptation of these efforts will help ensure they remain relevant, effective, and responsive to the changing financial needs of individuals and communities.
Keywords: financial inclusion, financial planning, financial literacy, street vendor, empowerment
How to Cite?: Dr. Neelofar Raina, Sanchita Mimansha, Sheryll Liu, "From Pavement to Prosperity: A Financial Exploration of the Street Vendors in Urban India", Volume 15 Issue 2, February 2026, International Journal of Science and Research (IJSR), Pages: 1625-1631, https://www.ijsr.net/getabstract.php?paperid=SR26226125341, DOI: https://dx.dx.doi.org/10.21275/SR26226125341