ISSN2456-3315
Impact Factor10.57
UGC CAREApproved
Low Cost₹599 / $45
CrossRefDOI
ESTD2016
Peer ReviewTransparent
AccessOpen
Submission: Always Open
Paper Title
THE IMPORTANCE OF FINANCIAL LITERACY AND FINANCIAL EDUCATION IN SOCIETY
Authors
Prof. Mayur Sharma , Dr. Anita Rana
Keywords
FINANCIAL LITERACY, IMPORTANCE, DIFFERENCE BETWEEN FINANCIAL LITERACY AND EDUCATION.
Abstract
Financial literacy is the mix of one’s knowledge, skill and attitude towards financial matters. It helps to make informed decisions and well-being of an individual. Financial knowledge and literacy of the executive management plays an important role in their ability to make important financial decisions. In the aftermath of the global financial crisis the policy makers worldwide expressed deep concern about the lack of financial knowledge and, as the recent research has suggested, lack of financial literacy amongst different population groups. Faced with a wide variety of available financial products and services today both individuals and company management need to be able to make informed financial decisions. The quality of these decisions will greatly depend on the level of knowledge of the decision makers, including their financial literacy. It has been argued that financial literacy could be one of the key factors of economic growth, as decisions made by management directly affect the business, financial performance and, ultimately, overall economy. This paper reacts to the current situation in our society and the need for financial education in schools and for adults. Today’s world demands financial and economic literacy. This paper outlines the importance of education and financial literacy in society.
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How To Cite
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IJRTI — journal style
"THE IMPORTANCE OF FINANCIAL LITERACY AND FINANCIAL EDUCATION IN SOCIETY", IJRTI - International Journal for Research Trends and Innovation (www.ijrti.org), ISSN:2456-3315, Vol.5, Issue 5, page no.44 - 47, May-2020, Available :https://ijrti.org/papers/IJRTI2005008.pdf
APA — 7th edition
Sharma, M., & Rana, A. (2020). THE IMPORTANCE OF FINANCIAL LITERACY AND FINANCIAL EDUCATION IN SOCIETY. International Journal for Research Trends and Innovation, 5(5), 44 - 47. https://ijrti.org/viewpaperforall.php?paper=IJRTI2005008
MLA — 9th edition
Sharma, Mayur, and Anita Rana. "THE IMPORTANCE OF FINANCIAL LITERACY AND FINANCIAL EDUCATION IN SOCIETY." International Journal for Research Trends and Innovation, vol. 5, no. 5, 2020, pp. 44 - 47, https://ijrti.org/viewpaperforall.php?paper=IJRTI2005008.
Chicago — 17th, bibliography
Sharma, Mayur, and Anita Rana. "THE IMPORTANCE OF FINANCIAL LITERACY AND FINANCIAL EDUCATION IN SOCIETY." International Journal for Research Trends and Innovation 5, no. 5 (2020): 44 - 47. https://ijrti.org/viewpaperforall.php?paper=IJRTI2005008.
Harvard — author–date
Sharma, M. and Rana, A. (2020) 'THE IMPORTANCE OF FINANCIAL LITERACY AND FINANCIAL EDUCATION IN SOCIETY', International Journal for Research Trends and Innovation, 5(5), pp. 44 - 47. Available at: https://ijrti.org/viewpaperforall.php?paper=IJRTI2005008
IEEE — numbered reference
M. Sharma and A. Rana, "THE IMPORTANCE OF FINANCIAL LITERACY AND FINANCIAL EDUCATION IN SOCIETY," IJRTI, vol. 5, no. 5, pp. 44 - 47, May. 2020.
Vancouver — biomedical
Sharma M, Rana A. THE IMPORTANCE OF FINANCIAL LITERACY AND FINANCIAL EDUCATION IN SOCIETY. IJRTI. 2020 May;5(5):44 - 47.
AMA — 11th edition
Sharma M, Rana A. THE IMPORTANCE OF FINANCIAL LITERACY AND FINANCIAL EDUCATION IN SOCIETY. IJRTI. 2020;5(5):44 - 47. Accessed at https://ijrti.org/viewpaperforall.php?paper=IJRTI2005008
BibTeX — Zotero, Mendeley, LaTeX
@article{IJRTI2005008,
author = {Mayur Sharma and Anita Rana},
title = {THE IMPORTANCE OF FINANCIAL LITERACY AND FINANCIAL EDUCATION IN SOCIETY},
journal = {International Journal for Research Trends and Innovation},
volume = {5},
number = {5},
pages = {44 - 47},
year = {2020},
month = {May},
issn = {2456-3315},
url = {https://ijrti.org/viewpaperforall.php?paper=IJRTI2005008}
}
RIS — EndNote, RefWorks
TY - JOUR
AU - Sharma, Mayur
AU - Rana, Anita
TI - THE IMPORTANCE OF FINANCIAL LITERACY AND FINANCIAL EDUCATION IN SOCIETY
T2 - International Journal for Research Trends and Innovation
JA - IJRTI
VL - 5
IS - 5
PY - 2020
SN - 2456-3315
UR - https://ijrti.org/viewpaperforall.php?paper=IJRTI2005008
SP - 44
EP - 47
ER -
Issue
Volume 5 Issue 5,
May-2020
Pages : 44 - 47
Other Publication Details
Paper Reg. ID
IJRTI_181250
Published Paper ID
IJRTI2005008
Downloads
205,626
Research Area
Management
Country
bharuch, gujarat, India
Published
May 2020
Published Paper PDF
https://ijrti.org/papers/IJRTI2005008.pdf
Published Paper URL
https://ijrti.org/viewpaperforall.php?paper=IJRTI2005008
About Publisher
International Journal for Research Trends and Innovation
Published by IJRTI (JW Publication)
2456-3315
ISSN
10.57
Impact Factor
2016
ESTD Year
Open
Access
Impact Factor 10.57 calculated by Google Scholar and Semantic Scholar.
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Declarations
Funding
No external funding was received for this study.
Conflict of Interest
The authors declare that they have no conflict of interest.
Acknowledgements
The authors would like to thank the reviewers and the editorial board of International Journal for Research Trends and Innovation for their careful reading and constructive comments, and all colleagues who supported the preparation of this manuscript.
