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ISSN Approved Journal No: 2456-3315 | Impact factor: 8.14 | ESTD Year: 2016
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Impact Factor : 8.14

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Paper Title: THE IMPORTANCE OF FINANCIAL LITERACY AND FINANCIAL EDUCATION IN SOCIETY
Authors Name: Prof. Mayur Sharma , Dr. Anita Rana
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IJRTI_181250
Published Paper Id: IJRTI2005008
Published In: Volume 5 Issue 5, May-2020
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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.
Keywords: FINANCIAL LITERACY, IMPORTANCE, DIFFERENCE BETWEEN FINANCIAL LITERACY AND EDUCATION.
Cite Article: "THE IMPORTANCE OF FINANCIAL LITERACY AND FINANCIAL EDUCATION IN SOCIETY", International Journal for Research Trends and Innovation (www.ijrti.org), ISSN:2455-2631, Vol.5, Issue 5, page no.44 - 47, May-2020, Available :http://www.ijrti.org/papers/IJRTI2005008.pdf
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ISSN: 2456-3315 | IMPACT FACTOR: 8.14 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.14 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
Publication Details: Published Paper ID: IJRTI2005008
Registration ID:181250
Published In: Volume 5 Issue 5, May-2020
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Page No: 44 - 47
Country: bharuch, gujarat, India
Research Area: Management
Publisher : IJ Publication
Published Paper URL : https://www.ijrti.org/viewpaperforall?paper=IJRTI2005008
Published Paper PDF: https://www.ijrti.org/papers/IJRTI2005008
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ISSN: 2456-3315
Impact Factor: 8.14 and ISSN APPROVED, Journal Starting Year (ESTD) : 2016

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