The term "LITERACY" usually refers to the ability of reading, writing and the ability to understands the things. But financial literacy this term is used very rarely which means the ability to understand the finances, personal budgeting, savings, how to make your money work for you. The financial system is a set of very complex and closely connected items. In our school, we learned how anyone can earn money by having high profile jobs, businesses etc but how to use your money, savings schemes investments, interest rates etc we are unaware of these things because of our basics are not strong. Financial literacy means a person who is aware of financial terms mobilization of savings and investment, preparing their financial management, budget, regulating their expenses and income. Not only the finance manager, stockbroke...