WHAT IS FINANCIAL LITERACY
                     FINANCIAL 
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WHAT IS FINANCIAL LITERACY?
Financial literacy is the education and understanding of various financial areas including 
topics relating to personal finance, investing, and money borrowing. It gives you the ability 
to make sound financial choices so you can manage and grow money. "Capacity to go with 
SMART FINANCIAL Choices which result in DESIRED FINANCIAL OUTCOMES"
finominal education
Educational institutions 
center just around 
RIGHT academic and expert preparation. They don't 
FINANCIAL show cash and funds.The main manageable 
DECISIONS IN abundance is monetary schooling and preparing. 
PERSONAL An asset in the balance sheet will produce income 
FINANCE which is recorded in the 
income statement while a 
liability in the balance 
sheet will create an 
expense which is again 
recorded on the income 
statement.
WHAT IS FINANCIAL EDUCATION 
Financial education is one of the most important skills to learn in today's world however it 
is not a0 1su.bject that is most0 t2al.ked about in schoo0ls3. .Financial educatio0n 4is. not about being 
a genius in school and obtaining high marks; however, it is about making the right 
decisions about your personal finance. schools only focus on professional training and do 
not teach about money and finances, there is a reason why many engineers, doctors, 
nurses, accountants, and many more professionals struggle in their financial life. They 
know how to make money, they even make more money but they do not know how to 
manage their money. Sometimes in life, they lose all the money they earned. Schools and 
colleges teach how to become good employees but your financial education is left to the 
parents. The financially genius and rich parents will teach their children how to save, 
invest, and manage their money at a young age. If parents do not teach their children at a 
young age how to manage their money, the poor will get poor and the rich will get richer. 
WHY IS FINANCIAL 
EDUCATION IMPORTANT?
• Financial education helps you understand your 
money. 
• Financial education helps end the Debt cycle.
• Inequality in the world.
• Financial education helps you plan for the future. 
• Increasing life expectancy. 
• Financial education helps you to gain control.
How To Take 
Financial Decisions
Financial education is the ability to 
understand how money works in this 
world. It is the art of investing in and 
managing money in an ability to make 
sound financial decisions.Most people 
make the wrong financial decisions as a 
result, they lose all the money they have 
saved for years
According To 
LSetu usr tvakee ayn example of a bureau of statistics. 
did you that nearly half of Americans are not 
expected to retire comfortably? Credit card 
debts have reached their highest point ever. 
more than 189 million Americans have credit 
cards. The average credit card holder has at 
least 4 cards, on average each credit card 
carries $8.398 in credit debt. The total US 
consumer debt is $13.86 trillion. 40% of 
Americans can't afford $400 in emergency 
expenses. These statistics clearly show how 
important financial education is. Most people's 
money is real wealth, but that is not the case. 
Money comes and go, the real wealth is only and 
only financial education. If you go to work 
sometime in your life, you lose all your money. 
HOW TO IMPROVE YOUR 
FINANCIAL LITERACY?
Asset
In financial accounting, a resource is any asset 
possessed or constrained by a business or a financial 
substance. Anything can be utilized to create positive 
monetary worth. Resources address the worth of 
ownership that can be changed over into cash.
Liabilities 
In financial accounting, a liability is defined as the 
future sacrifices of economic benefits that the entity 
is obliged to make to other entities as a result of past 
transactions or other past events.
BENEFITS OF JOINING FINOMINAL 
EDUCATION FOR FINANCIAL EDUCATION 
The Financial Program, controlled by the Finominal Education Institute, offers an alumni-level 
educational plan and assessment program intended to extend your functioning information 
and down-to-earth abilities connected with investment decision-making This FINANCIAL EXAMS 
 Training courses with an excellent opportunity to equip exceptionally well for the FINANCIAL 
EXAMS and pass the exam in your first attempt. for more information call or WhatsApp us on 
9650353883.
Finominal Education is a perfect launchpad to gain financial expertise. Our well-versed 
faculties provide the aspirants with a healthy and competitive environment and strive to 
impart knowledge to gain performance results.