I want to adopt the financial distress scale(InCharge Financial Distress/Financial Well-Being Scale) but not sure that it is used in the Indian context. Please Guide
I checked the Financial Well-Being Scale. Only the 5th question seems like it cannot be applicable to the Indian scenario. I think emailing the author is a good first step to go further. If you know on what basis the 1000 dollars were used, we can use something like that in the Indian context. But ultimately, the authors need to be contacted. I am sure they will be of great help.
I converted 1000 dollars into Indian currency. The final draft of my questionnaire is prepared. You can find the questionnaire by clicking the link below.