Financial Education: The Key to The Growth of the Economy
Financial education is the ability to understand how money works. It is the art of investing and managing money and the ability to make sound financial decisions.
People make the wrong financial decisions losing money saved for years. Loans are availed without understanding interest payments and the consequences of a default. People don’t commit suicide if they are unwell; they commit suicide if they are in financial trouble. No financial education = No money for retirement. Lack of financial education is a heavy burden on the Nation, as expenses on financial security rise.