Question

Steps taken to eradicate financial illiteracy around the globe

Answer 1

Explanation:

Financial Literacy Month: 30 Steps to Financial Wellness ... April is officially Financial Literacy Month, but you can pledge to take these 30 Step 22: Identify ways to reduce spending.

Answer 2

Answer:

1. In our digital age we have to utilise effectively the use of power of mediums like a computer, mobile and Internet to enable people to have the skills, knowledge or information about financial instruments.
2. We must ensure people then have the ability to critically understand the content they have received through digital means and lastly apply it to the best of their knowledge and capacity.
3. Adult Education Financial education should form an integral part of the adult education.
4. Self Help Groups have helped in the spread of financial education as its discipline requires the groups to maintain accounts and make budgets. The good work needs to be carried forward and put on a firm basis.
5. Approach Microfinance Institutions. These have been running successful financial education programs for their borrowers.