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Why is Financial
Literacy Important
Mehul Puri
THE PROBLEM
2
What is
financial
literacy?
Earning Money is a side of the coin
to being rich , the other side
includes managing it.
In Simple Words, it is the ability to
manage one’s money.
A strong foundation on it will help
in achieving various life goals like
retirement, education, and even
going on a vacation.
4
An Investment in
Knowledge Pays the
Best Interest
Benjamin Franklin
5
Fundamentals Of Financial Literacy
6
Budgeting Saving Investing
Budgeting
1 2 3 4 5
7
Assess
Your
Financial
Resource
s
Determin
e
Expenses
Set Goals Track Your
Progress
Create a
Plan
Saving
1
Think ONE
Percent at
a time
2
Prioritize
your future
self
3
Slow and
Steady
wins the
race
8
Investing
9
Why Students Need to Develop Financial
Literacy
1 2
Financial Independence
3
10
Brings an
understanding
of debt
Emergencies
don’t ask
before they
happen
Presentation Title 11
References
• https://online.rider.edu/blog/financial-literacy/
• https://cardancapital.com/2020/09/10/the-
importance-of-financial-literacy/
• https://bungalow.com/articles/the-five-key-
components-of-financial-literacy
• https://corporatefinanceinstitute.com/resourc
es/knowledge/finance/budgeting/
• https://www.opploans.com/oppu/articles/why
-is-financial-literacy-important/
12
Thank you
Mehul Puri
purimehul2003@gmail.com
13

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Why is financial literacy important