Paper Contents
Abstract
This study analyzes the intersection of financial planning, wealth creation, and mutual fund investment strategies in a scenario of economic complexity and the technological advancement thereof. It identifies the interplay of strategic financial planning, demographic factors, behavioral biases, financial literacy, and risk management, as the comprehensive drivers for successful wealth accumulation. Based on theoretical models such as the TAM and Behavioral Decision Theory, the research combines quantitative performance data with qualitative insight to draw out frameworks for productive decision-making in financial matters. By analyzing the returned surveys of 150 participants, major trends revealed include that while there is a positive correlation between technology integration and financial planning efficiency, participants have a paradoxical gap between perceived versus actual financial literacy and risk preferences. Empirical evidence highlights how digital platforms, personalized tools, and adaptive strategies have democratized the creation of wealth and advanced financial inclusion. Implications for financial institutions, policymakers, and educators will be to encourage novel approaches to improving financial literacy, reducing behavioral barriers, and enhancing investment outcomes. The study provides opportunities for further research in the areas of technological advancements, behavioral finance, and cross-cultural comparisons, despite a small sample size and cross- sectional design.
Copyright
Copyright © 2025 Navya Sree. This is an open access article distributed under the Creative Commons Attribution License.
