International Journal For Multidisciplinary Research

E-ISSN: 2582-2160     Impact Factor: 9.24

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

Call for Paper Volume 6 Issue 6 November-December 2024 Submit your research before last 3 days of December to publish your research paper in the issue of November-December.

Mastering Money: An Introduction to Financial Literacy

Author(s) Dr. Sujata Jitendra Patil
Country India
Abstract Financial literacy is the capacity to apprehend and efficaciously use quite a few monetary skills, consisting of non-public finances, budgeting, monetary management, saving, investing, borrowing, and asset protection. It`s now no longer pretty much understanding a way to stability your check-book; it is approximately making knowledgeable selections that may have a substantial effect on a person's monetary well-being.
Financial literacy is a fundamental life skill that gives people the knowledge and skills to make informed financial decisions. It involves understanding different aspects of personal finance, from budgeting and saving to investing and managing debt, so that people can confidently face the financial challenges of everyday life. With financial products more accessible than ever before, financial education is essential to managing money wisely, reaching financial goals and ensuring long-term financial well-being.
Keywords Financial literacy, monetary skills, borrowing, financial education
Field Sociology > Economics
Published In Volume 6, Issue 6, November-December 2024
Published On 2024-11-21
Cite This Mastering Money: An Introduction to Financial Literacy - Dr. Sujata Jitendra Patil - IJFMR Volume 6, Issue 6, November-December 2024. DOI 10.36948/ijfmr.2024.v06i06.31067
DOI https://doi.org/10.36948/ijfmr.2024.v06i06.31067
Short DOI https://doi.org/

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