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Life-Skills

Financial Literacy

Financial Literacy for Beginners : A Guide to Understanding Financial Basics

  • Finance

 Financial Literacy is more important than ever. It goes beyond just knowing your bank a/c balance or budgeting.  In fact, financial literacy is a collection of knowledge and skills that help individuals to take effective financial decisions. In this article, we will be going through the following point, What is Financial Literacy? Image by macrovector_official on Freepik Financial literacy refers to the ability to understand and effectively use various financial skills, including personal financial management, budgeting, and investing.  It is the foundation upon which financial decision-making is built, enabling people to manage their money wisely and achieve financial stability. Why is Financial Literacy critical? Empowers Individuals: Financial literacy empowers individuals by providing them with the knowledge needed to make informed decisions about their money. … Read More »Financial Literacy for Beginners : A Guide to Understanding Financial Basics

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