Financial Education

Financial education refers to the process of acquiring understanding and knowledge regarding financial concepts and skills. This includes learning about budgeting, saving, investing, debt management, financial planning, and understanding financial products like loans and insurance. The goal of financial education is to empower individuals to make informed and effective decisions with their financial resources. Through financial education, individuals can develop the competence to manage their finances responsibly, plan for future financial needs, and achieve personal financial goals. It plays a critical role in promoting financial literacy, helping people to improve their economic situation and make sound financial choices in their personal and professional lives.