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Added on 2019-09-19
This report is on "financial literacy initiatives". In this present paper, we will discuss the principles of financial literacy. Financial literacy is defined as the ability to understand the working of money in the world. It includes managing the income of an individual in order to generate higher returns within a particular period of time. The aim of the financial education principle is to improve the knowledge related to the financial products, risk, concept, information, and objective advice in order to improve the decision making of an individual which enables to enhance the financial wellbeing of people.