A STUDY ON AWARENESS OF FINANCIAL LITERACY IN RURAL INDIA
In India 75 percentage of the population are literate but out of which only 24 of the population are financially literate which means only 24 of the adults understand what the terms like saving investing budgeting and debt means financial literacy is the cognitive understanding of financial management and skills such as budgeting investing saving taxation and even personal finance management and the absence of such skills is referred to as being financially illiterate so if one person is financially illiterate then the decisions they make in terms of finance will lead them into crisis that is why financial literacy is very important through this research we are going to talk about financial literacy and why it is important the benefits of financial literacy and what you can do to learn about fine arts and make better decisions.
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