Question

Importance of financial literacy in sub 10 points

Answer 1

Financial literacy is important because it equips us with the knowledge and skills we need to manage money effectively. Without it, our financial decisions and the actions we take—or don't take—lack an informed foundation to maximize their success. And this can have dire consequences.

Answer 2

HERE IS YOUR ANSWER. . . .
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Financial literacy is the confluence of financial, credit and debt management and the knowledge that is necessary to make financially responsible decisions – decisions that are integral to our everyday lives. ... A lack of financial literacy is not a problem only in emerging or developing economies.
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HOPE IT HELPS YOU! ! ! ! !
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