Young people develop important money management skills when taught early which undoubtedly helps them save, invest, and avoid debt. Financial literacy equips them to make accurate decisions regarding loans, savings, and long-term financial planning. These habits promote economic stability and prepare them to handle future challenges confidently.
Older generations benefit from financial literacy by learning about using modern tools like mobile banking and UPI. Awareness protects them from scams and helps them secure their retirement savings effectively. Targeting all age groups leads directly to a society that has stronger financial decision-making capabilities and reduced dependency.
