Gender Differences in Personal Financial Decision-Making: A Study of Mandi District, Himachal Pradesh

The study examined gender differences in personal financial decision-making among 125 respondents in Mandi District, Himachal Pradesh. The results show that male and female respondents both participate actively in budgeting, saving, emergency-fund management, investment decision-making, and financial planning, although the strength of positive responses differs across selected indicators. Budgeting and emergency-fund behaviour are comparatively close, whereas larger descriptive differences emerge in selected investment and financial-planning practices. The findings therefore suggest that gender-related patterns exist but are dimension-specific rather than uniform. Improving financial awareness, investment confidence, and regular financial planning among all respondents can contribute to more informed and inclusive personal financial decision-making.

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