Why financial education is important?
Financial education is important because it helps to promote financial literacy, which is the ability to understand and use financial concepts to make informed decisions about money. Financial literacy is important because it helps individuals to understand how money works and how to make smart decisions about how to manage it. Financial education helps individuals to understand how to save, budget, and invest their money, which can lead to greater financial security and stability. Financial education also helps individuals to understand how to protect their financial interests, such as avoiding scams and fraud, and how to make sound decisions when borrowing and investing.