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INTERNATIONAL JOURNAL OF ADVANCED RESEARCH IN COMMERCE, MANAGEMENT & SOCIAL SCIENCE (IJARCMSS) [ Vol. 9 | No. 2 (III) | April - June, 2026 ]

Capability Pathways to Financial Well-Being: A Systematic Review Integrating Bibliometric Analysis and TCCM Framework

Deepak Mohan & Dr. Priya R

Financial well-being (FWB) has gained increasing attention due to rising financial complexity and individual responsibility in financial decision-making. However, existing research remains fragmented across multiple constructs and theoretical perspectives. This study synthesizes prior literature to identify key capability dimensions of FWB. A systematic literature review was conducted using the PRISMA protocol, resulting in a final sample of 36 peer-reviewed articles from the Scopus database (2000–2025). The study integrates bibliometric analysis and the TCCM framework to examine thematic patterns and research trends. FWB reflects the combined influence of financial, behavioral, psychological, social, and digital capabilities. While financial literacy and financial behavior remain central, emerging factors such as digital financial literacy and financial inclusion are gaining importance. However, the literature shows limited theoretical integration and a strong reliance on cross-sectional approaches. A capability-based framework is outlined, integrating these dimensions and offering directions for future research.

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