Most financial literacy initiatives are disguised sales efforts.
Whether paying back a student debt or investing for retirement, these decisions have long-term impact in our lives. However, we often fail to understand them due to lack of financial knowledge.
As per Organisation for Economic Cooperation and Development, “Financial literacy is a combination of awareness, knowledge, skill, attitude and behaviour necessary to make sound financial decisions and achieve individual well-being.”
This story is from the December 2018 edition of Outlook Money.
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This story is from the December 2018 edition of Outlook Money.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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