INTRODUCTION

1. Introduction

Financial Literacy: The ability to manage personal finances effectively, which is essential for every individual in today's complex financial world.
Importance of Financial Literacy: It helps individuals navigate various financial issues such as complex financial products, fraudulent schemes, and retirement planning, leading to better financial well-being.
Financial Education: Plays a crucial role in developing a positive attitude towards managing income, expenditure, assets, and liabilities, resulting in improved financial well-being.

Financial Planning: A plan to save and spend future income, which goes beyond just saving and is an investment with a purpose.
Investment Options: Various savings and investment products, insurance, and pension products that help individuals achieve their financial goals.
Retirement Planning: Planning for a better quality of life after retirement, which requires careful management of finances.
Tax Saving Options: Strategies to minimize tax liabilities and maximize savings.
Investor Protection Measures: Regulations and guidelines to protect investors from fraudulent activities and ensure fair market practices.

Better Understanding of Personal Finances: Ability to manage personal finances effectively, making informed investment decisions, and achieving financial well-being.
Improved Financial Well-being: Ability to achieve long-term financial goals, such as retirement planning, and maintaining a better quality of life.