Financial Literacy And Its Importance For All

The importance of Financial Literacy is about making thoughtful and informed decisions about personal finances and is more important now than ever before, because credit in Fiji is more accessible than ever before.

Financial literacy helps individuals become self-sufficient so that they can achieve financial stability.

Those who understand the subject should be able to answer several questions about purchases, such as whether an item is required, whether it is affordable, and whether it is an asset or a liability.

This demonstrates the behaviours and attitudes a person possesses about money that is applied to his or her daily life.

Financial literacy shows how an individual makes financial decisions.

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