An Analysis Of Income And Investment Patterns Of Health Care Workers In Muzaffarnagar District

Abstract

Ensuring the financial well-being of medical professionals is crucial for both their individual  stability and the overall strength of the healthcare system. This study investigates the income  and investing behaviors of healthcare workers in Muzaffarnagar, including doctors, nurses, lab  technicians, and pharmacists. Employing a quantitative study methodology, we gathered data  from 386 individuals via an internet-based questionnaire to examine the impact of income  levels on various investment patterns and preferences. The results indicate strong association between yearly income and factors such as annual investments, investment priorities, risk

return choices, projected returns, investment expertise, and monitoring of investment  performance.These associations exhibit differences among different job categories. The  findings emphasize the influence of income on investment decisions, suggesting that higher  income levels are generally linked to greater investment engagement. These insights can inform  targeted measures aimed at enhancing the financial resilience and general welfare of medical  practitioners.