In the current environment, women are beginning to distinguish themselves in a variety of fields. The wonderful contributions made by women are becoming more and more important to society and the economy as a whole. The increased modernity of women's social status has undoubtedly produced positive changes in women's lives. In order for women to adapt to the changing economic landscape, financial literacy should be prioritised. Making women financially independent is the first step toward their empowerment, which then leads to economic empowerment, which will be extremely important in the future. Financial literacy enables women to make autonomous judgements, handle their money perfectly, and have favourable opportunities to become independent. The goal of the article is to assess the situation of female financial literacy, to research the value of financial planning and literacy, and to investigate how women's financial literacy affects financial planning. Financial literacy has been found to assist women in making wise financial decisions for financial success. However, it was found that Indian women have little understanding of money due to the traditional fact that majority of them are housewives, which lessens their desire to comprehend the financial situation. However, women who are financially literate have social and economic independence, which will enable them to advance in a variety of economic areas.

Economic Empowerment, Financial Literacy, Financial Planning, Economic Independence.