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Importance of Financial Literacy

Financial literacy is the understanding of financial concepts and skills necessary for effective money management. It is important for making good financial decisions, achieving financial goals, avoiding debt, ensuring economic stability, and fostering entrepreneurship and business success.

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prasadharish19
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0% found this document useful (0 votes)
9 views9 pages

Importance of Financial Literacy

Financial literacy is the understanding of financial concepts and skills necessary for effective money management. It is important for making good financial decisions, achieving financial goals, avoiding debt, ensuring economic stability, and fostering entrepreneurship and business success.

Uploaded by

prasadharish19
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd

IMPORTANCE

OF FINANCIAL
LITERACY
WHAT IS FINANCIAL
LITERACY?
WHY IS FINANCIAL LITERACY
IMPORTANT
1)GOOD FINANCIAL
DECISION MAKING
2)FINANCIAL GOAL
ACHIEVEMENT
3)AVOIDING DEBT AND
MANAGING CREDIT
4)ECONOMIC STABILITY
5)ENTREPRENEURSHIP AND
BUSINESS SUCCESS

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