International Science Community Association Research Journal of Management Sciences 14 1 2024 05 6 Exploring the Interplay of Demographics, Financial Literacy, and Personal Finance Management: A Statistical Analysis from Jamakhandi City, Bagalkot District, Karnataka, India 8 14 EN Bromideh Ali Akbar 1 Marketing Management, Aras Int’l Campus, University of Tehran, Tehran, Iran Konnur Mallikarjun 1 BLDEA’s Commerce, BHS Arts and TGP Science College, Jamkhandi, Karnataka, India Byahatti Chidanand 2 BLDEA's A S Patil College of Commerce (Autonomous), Vijayapura, Karnataka, India > Research Article 2025 2 1 2024 05 6 The complex associations between demographic characteristic (age, education, and income), financial literacy, and poverty management practices like budgeting and monitoring of expenses are explored in this paper. Here it is to establish and test determinants of financial literacy and also to study the effect of financial literacy in the Indian context. Methodology: In accordance with this, this study employed the quantitative research approach with a sample of 100 respondents across different demographic segments from jamakhandi city which originated from bagalkot district in Karnataka, India. Chi-Square tests and One Way ANOVA questionnaires were used tests in determining the correlation between demographic factors, financial literacy, and personal finance management. Findings: This is supported by the results showing that Income & education, which forecasted a relatively high t-value of around 0.657, had good statistical power in determining financial literacy, whereas age which forecasted a low t-value of .146 cannot suffice to predict financial literacy at any higher level. A prime factor that applies vast importance to succeeding in the practice of, among others, personal financial management is financial literacy. Practical Implications: This is to call for improved research and financial education that will help lower the financial literacy gaps that result from income dissimilarities. These findings could be useful to policymakers in formulating interventions together with education and financial sectors to increase well-behaved financial concerns and substantially decrease poor financial dealing among susceptible populations. Originality: This study aims at establishing the relationship between demographic characteristics, financial literacy and personal finance management within the emerging market. In filling these gaps the study adds to literature on financial behaviors and provides practical suggestions about how to address the issue of financial literacy within different groups. Copyright@ International Science Community Association