Financial literacy is essential for making informed financial decisions, managing money effectively, and navigating various financial situations. It empowers individuals to budget, save, invest, and manage debt wisely, enabling them to achieve their financial goals and aspirations. By improving decision-making abilities and reducing financial stress, it enhances mental health and overall quality of life. Ultimately, financial literacy is a key determinant of financial security and social mobility, shaping individuals' present and future financial success. www.vrddhigrp.comhttps://tinyurl.com/Basics-of-finances